This is big news. So the deal, all along, was to make Nokia fail - TopicsExpress



          

This is big news. So the deal, all along, was to make Nokia fail as a phone company. "Elop was facing an instant, massive windfall should the following sequence happen to take place: -- Nokia’s share price drops steeply as the company drifts close to cash flow crisis under Elop. -- Elop sells the company’s handset unit to Microsoft MSFT -0.87% under pressure to raise cash -- The share price rebounds sharply, though remains far below where it was when Elop joined the company. Should this unlikely chain of events ever occur, Elop would be entitled to an accelerated, $25M payoff. forbes/sites/terokuittinen/2013/09/24/nokia-admits-giving-misleading-information-about-elops-compensation/
Posted on: Wed, 25 Sep 2013 07:16:18 +0000

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