Nokia declined to comment on Thursday on a media report saying it was working with an investment bank to defend itself from a hostile takeover — the news of which sent its shares flying.
“Nokia does not comment on market rumors,” said a Nokia spokesman.
Earlier on Thursday shares in Nokia surged 12.5 percent with traders pointing to a report by online newspaper TMT Finance that said Nokia was working to defend itself from a hostile takeover bid for parts of its business or the whole company.
Source: Nypost
Total Views: 87 ,
0
0
