Is Microsoft about to spend $19 billion to buy Nokia's phone division?
losing market share. For this deal to make sense, Microsoft must feel confident that they can add something to the hardware that will be able to reverse Nokia's recent performance.
If the deal is structured using equity, current stockholders are not going to take too kindly to the dilution of their holdings. As of the latest quarterly report, Microsoft had $48 billion in cash, so they might be able to use cash on hand to make a purchase. Although there is nothing in Murtazin's tweet that says that a deal is going to happen, with Nokia's stock at a 13 year low as we reported earlier today, the gang at Redmond might be getting a great bargain if they decide to make the purchase now.