Thread: Nokia - Microsoft partnership (merged threads)
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Reggie is offline Reggie
2011-02-13 , 21:40
Posts: 1,436 | Thanked: 3,144 times | Joined on Jul 2005
#1326
Originally Posted by mece View Post
noteworthy bit of information: Stephen Elop is the 7th largest single person Microsoft shareholder, and own no Nokia stock whatsoever.
I hope legal action will be taken. it's not too late to undo this (ok probably it is, but one can dream)
Elop answers this question plus others:
http://www.engadget.com/2011/02/13/l...a-at-mwc-2011/

"About me being the 7th largest shareholder in Microsoft: that is not true. That would be a substantial amount of money that I don't have... when I moved from Microsoft from Nokia, I was legally prohibited from selling my shares. As soon as that lifted, I began selling. But when our discussions began, I had to stop selling again -- the laws are very clear. As soon as the legal restrictions lift, of course I'll sell those shares. I have been given an equity position in Nokia" but that won't be disclosed until later in the year for some financial and legal reasons."
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