Nokia shareholders approve sale of mobile business to Microsoft

By means of Ritsuko Ando and Jussi Rosendahl HELSINKI (Reuters) – Nokia shareholders authorized the 5.four billion euros ($7.4 billion) sale of the company's cell phone trade to Microsoft, finding out the deal's financial advantages outweighed any objections to the loss of a Finnish nationwide asset. Investors conserving more than 99 % of Nokia vote casting rights supported the deal, in keeping with a remaining tally at Tuesday's shareholders assembly in Helsinki. Nokia had in September agreed to promote its gadgets and services and products industry and license its patents to Microsoft after failing to recover from a late start in smartphones. Pirkola had been a Nokia shareholder since the early 1980s, when he worked for the company for a couple of years.