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Fly News Breaks for June 4, 2015
NOK, ALU
Jun 4, 2015 | 08:08 EDT
Bernstein says that the risk of the merger between Nokia (NOK) and Alcatel-Lucent (ALU) being renegotiated or falling through is slim. The firm says that the deal could only hurt the combined company in China. It recommends buying Alcatel-Lucent stock instead of Nokia's shares because it says that doing so hedges against the slim possibility that the deal will fall through or change,
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