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. Date: May 20, 2013. On the eve of Yahoo’s acquisition of social networking platform Tumblr, then Yahoo CEO Marissa Mayer wrote a Tumblr post promising “not to screw it up.” Microsoft and Nokia.
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