On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1440 AM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
63° Feels Like: 63°
Wind: S 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Rain 60°

Tomorrow

Thundershowers 84°

Sat Night

Scattered Thunderstorms 68°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Microsoft seeks EU approval for $7.5 billion Nokia deal

A photo illustration shows the Microsoft logo displayed on a Nokia phone in Vienna September 3, 2013. REUTERS/Heinz-Peter Bader
A photo illustration shows the Microsoft logo displayed on a Nokia phone in Vienna September 3, 2013. REUTERS/Heinz-Peter Bader

BRUSSELS (Reuters) - Microsoft has asked EU antitrust regulators to approve its 5.44-billion-euro ($7.49 billion) takeover of Nokia's phone business as part of a push into the mobile devices business.

The deal, announced last month, includes a 10-year licensing agreement of Nokia's patent portfolio.

The European Commission said it would decide by December 4 whether to clear the acquisition. It can extend the review by 10 working days if Microsoft offers concessions to allay possible competition concerns. ($1 = 0.7262 euros)

(Reporting by Foo Yun Chee)

Comments