Nokia purchases 67% of Trolltech's stock for $103 million.

http://money.cnn.com/news/newsfeeds/articles/prnewswire/UKM00728012008-1.htm

by greendestiny • 18 years ago

20 16 18 years ago

money.cnn.com

gojomo4• 18 years ago

Hed: "Nokia purchases 67% of Trolltech's stock for $103 million"

Misleading submission headline. Nokia plans to buy all of Trolltech. The release just mentions that 66.43% (not 67%) of shares have already irrevocably accepted the offer, making it essentially a done deal. The full price is reported elsewhere as $153 million.

greendestiny5• 18 years ago

And that's misleading? Do I have to put the whole article in the headline? God I hate social news sites sometimes.

eru• 18 years ago

How about: "Nokia to purchase 67% of Trolltech's stock for $103 million."?

Any other suggestions?

gojomo4• 18 years ago

Yes, it's misleading. It made it look like some stock in Trolltech is not part of the deal, like it's something other than an outright acquisition. Out of curiosity, I clicked, only to read that the real story is that (pending small details) Nokia is acquiring ALL of Trolltech for $153 million.

There's no "67%", no fractional stock purchase, no "$103 million".

The bad headline wasted my time.

Why not just keep the original article headline unless you're improving the accuracy?

Dauntless• 18 years ago

For sure Qtopia has something to do with this, and at $103 million it's a bargain.

nananana• 18 years ago

It's $153 million. The headline is incorrect, since they want to buy the entire company.

mariorz• 18 years ago

I wonder if this will affect nokia's support of maemo (uses gtk+ toolkit)... I had the idea/wish they would eventually integrate maemo into their line of smart phones.

Nokia purchases 67% of Trolltech's stock for $103 million.

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