Updated Jun. 15, 2012 at 3:05 p.m.

Premium Lock Stock plunge, Moody's cut make Nokia a takeover target

Published: 2012-06-15 10:20:00
Updated: 2012-06-15 15:05:45

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Nokia Nokia

Once Europe's most valuable company, Nokia is losing money as it tries to rebuild the smartphone business around Microsoft Corp.'s Windows Phone software and after failing to sell an unprofitable equipment venture with Siemens AG.

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