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Microsoft's Nokia deal approved by US Justice Department
Posted: 03-Dec-2013 [Source: The Verge]

[U.S. approves the Microsoft/Nokia acquisition. E.U. approval will be required before the deal can complete.]

Tom Warren -- "The US Department of Justice (DOJ) and Federal Trade Commission (FTC) have signed off on a $7.2 billion deal allowing Microsoft to purchase Nokia’s Devices and Services unit. Shareholders of the Finnish smartphone maker recently approved the deal, which will allow Microsoft to ship its own Windows Phones with or without the Lumia branding, and today the FTC has granted early termination on the deal."

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