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Nokia Gains China Clearance for Microsoft Deal

NEW YORK (The Deal) — Finland's Nokia said Tuesday it had obtained Chinese regulatory clearance for its handset and patents sale to Microsoft , setting the companies on track to close the 5.44 billion ($7.5 billion) deal later this month. Nokia on March 24 pushed back the expected completion date of the September deal to April from the first quarter, noting that the companies still needed …

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