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Author:

LongTerm CapGains

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Date:

04/15/15 at 12:53 PM CDT

 

 

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NOK-ALU: Merging different cultures is a big obstacle

and re-assuring customers of Wireless equipment as it relates which of the two sides will be en-of-lifed is another obstacle.  Not impossible to do, but could lengthened the transition. Both companies have dealt with this in the past, when they were in much deeper problems, so one could hope t will be handled better given the experience with these matters. Am article on these subject: Nokia Still Faces Risks in Alcatel Merger -- Market Talk11:26 AM ET 4/15/15 | Dow Jones 1526 GMT A merger with Alcatel-Lucent carries big risks for Nokia, notably because of the difficulty to combine different cultures, say analysts. Alcatel-Lucent itself was formed through a 2006 Franco-U.S. marriage that had a tumultuous start and yielded years of losses. "Even if everything works out reasonably well, combining the two companies will take a couple of years," said Sami Sarkamies, an analyst with Nordea Bank in Helsinki. Nokia shares are down 1.1% at EUR7.41, Alcatel shares down 14% at EUR3.84, having risen 16% on Tuesday. (juhana.rossi@wsj.com)

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