Fools Rush In: 37 Of The Worst Corporate M&A Flops
CB Insights
OCTOBER 29, 2018
In 2013, Microsoft CEO Steve Ballmer saw an opportunity in Nokia, a Finnish phone company that was losing ground to competitors. Ballmer left Microsoft that same year and new CEO Satya Nadella had to do significant restructuring and layoffs to streamline the company, including cutting 15,000 Nokia employees. Google and Nest.
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