zlacker

I figure how Elop pitched himself was "Let's try something crazy, and hey, we always have a plan B, I have an in at Microsoft." CEOs may have significant power, but they can't just sell the company with no buy in from major shareholders.

>>Homine+(OP)
True, major Microsoft shareholders were also major Nokia shareholders.

compare http://finance.yahoo.com/q/mh?s=MSFT and http://finance.yahoo.com/q/mh?s=NOK

>>frik+X
Which specific shareholders are you referring to from those lists?

>>Homine+(OP)
99.52% of votes were cast in favor of the Microsoft acquisition at Nokia's Extraordinary General Meeting on November 19, 2013.

But that's not what makes this a friendly takeover, because shareholders also have to approve hostile takeovers. This acquisition is a friendly takeover because the Board is in favor.