For the new Nokia, all eyes are on the progress of its integration with Alcatel-Lucent.
On Nov. 30, Nokia released a statement denying its interest in Juniper Networks, disputing a prior CNBC report that Nokia was preparing a $16 billion ($42 per share) bid for Juniper. As we stated in our Nov. 29 note after the CNBC report came out, we would have a hard time justifying such a deal, given the significant product overlap between the two companies and the hefty 43% premium to Juniper’s market capitalization at the Nov. 29 close. An acquisition of Juniper would probably complicate ong...
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