This will be carefully crafty game of chicken and head games; down to the last week before the shareholders' proxy vote.
Don't be surprised if several Finnish consortiums, mutual fund companies, brokerage firms and very large shareholders are sending letters to MS requesting for an increase in the buyout amount weeks before the proxy deadline. Add a little language about the risk of offering a low offer -- which could invite others to disrupt the deal), the discontent by the Finnish people & investment community to finish it off.
And don't be surprised if MS does just that. Several billion more from their overseas bank will do the trick. MS won't have a problem with that. It will be a WIN / WIN. Four reasons why:
1-MS will be perceived as a good, generous business partner,
2-The Nokia BOD will have a moneymaking, winning hand (HERE/NSN/Patents) and additional cash for the coffers,
3-Helps MS smooth things over a little bit with the Finnish community,
4-Shareholders will benefit from the increase in PPS due to the revaluation.
How much more? High enuf to make shareholders say "wow, thank you" but have other potential suitors say "d_mn it, a bit too high to counter". Hey, I'll let you be the judge of that price. Your thoughts?
Sentiment: Strong Buy
How long would it take to msft to make Windows blackberrys? Probably long enough to disappear from the phone business forever. msft buying bbry: it's not going to happen.
Microsoft cannot expect to replace Nokia with BBRY, and the future of Windows Phone OS depends on the Lumia smartphone line. It's Nokia or bust, and other bidders may want to enter into the picture and thus complicate matters if Microsoft's own bid is seen as "inadequate".
Microsoft can pickup BBRY, but it will never be in place of Nokia. It took more than 2 years for the Nokia Lumia line to make a dent in the smartphone market. In addition Nokia brand is much more popular around the world than BBRY. By picking BBRY instead of NOK, MSFT will commit suicide (they will have to start over, and that will set them back several years. Too late to be relevant).
This all business is really dumb. If MSFT offered a fair price for D&S in the first place, there would not be all this noise. MSFT has the money and was ready to spend it on Yahoo ($40B if I remember well), and they bought Skype for $8.5. Neither are critical to MSFT future as Mobile is.
Sentiment: Strong Buy