US DOJ Approves Microsoft Nokia Deal, Only EU Still Remains

Microsoft received the unconditional approval of the Justice Department for the deal. In a statement,
Microsoft said it was pleased to receive the approval of the Justice Department, and it looked “forward to the date when our partners at Nokia will become members of the Microsoft family.”

Microsoft still needs approval from the European Union, which is expected to clear the deal. Regulators in India, Russia, Israel and Turkey have also approved the Nokia deal. 99.7% of Nokia shareholders approved the deal two weeks ago.  Microsoft has not changed its earlier prediction that the acquisition will be completed in the first quarter of 2014.  I suspect, the faster this deal gets approved, the closer we will be to finding out who Microsoft’s next CEO will be.

Source: United States Department of Justice

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