Large and high-profile acquisitions are a lengthy process, usually spanning months. Microsoft may have announced its Nokia takeover deal a while back, but the whole procedure is expected to be complete sometimes next year. That is, pending approval from shareholders and regulatory authorities. And while both companies...

Earlier this year, Microsoft made official a deal to take over the mobile phone business of Nokia, and now the company has officially asked the European Commission to give approval for the acquisition. The company has made it clear that it wants to acquire Nokia in order to expand its efforts in the mobile industry....