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UPDATE 8-Microsoft swallows Nokia's phone business for $7.2 bln

September 04, 2013

*Nokia shares up 34 percent, Microsoft's down 5 pct. HELSINKI/ SEATTLE, Sept 3- Microsoft Corp will buy Nokia's phone business and license its patents for 5.44 billion euros, a bold foray into mobile devices that also brings potential chief executive contender Stephen Elop back into the fold.

Source: http://www.cnbc.com/id/101005595
 
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