3 ms·
Plus a hostile takeover of Nokia would probably start a bidding war with Microsoft as white knight. That would cost way more than $10 Billion (if successful, wh
by ralfd 14y ago
Plus a hostile takeover of Nokia would probably start a bidding war with Microsoft as white knight. That would cost way more than $10 Billion (if successful, which is a pretty big if).
But Apple doesn't need to buy Nokia. They could just license their mapping data like Amazon is doing.
- potatolicious 14y ago> "Plus a hostile takeover of Nokia would probably start a bidding war with Microsoft as white knight." If I were in charge of Apple and more evil, I'd do it just for that. Start a bidding war with the intention to lose it - and force Microsoft into an extremely expensive acquisition that it would have no hope of properly managing or exploiting. Then again, it would be a $10bn game of chicken...
- lostlogin 14y agoOut of curiosity, is such a move legal? Is there some sort of requirement that one bid in good faith or some such concept? As that would be a fairly nasty thing to do.
- ghshephard 14y agoIt's not only legal, it's standard business practice. One of the recent examples of this was when Google bid against itself during an auction for spectrum that it didn't want, solely to drive up the price. As long as you are not colluding with the selling party to drive up the price (in which case, this is illegal, known as shill bidding) - all is fair in an auction.
- mtgx 14y agoWhat's the point of switching one rival for the other? Just so they wake up after another 5 years that they need to give up on Nokia's maps, too?