After Losing $11 Billion on $9.4-billion Nokia Buy & Axing 27,650 Jobs, Microsoft Dumps Consumer Smartphones by Wolf Richter • May 26, 2016 • 48 Comments Another Blistering Merger Fail, but Wall Street wins again.
Mergers Collapse, Bubble Deflates, Debris Hits Hedge Funds by Wolf Richter • May 12, 2016 • 70 Comments The “arbs” got caught on the wrong side of the M&A collapse.