Eight months after it was announced, the deal between Microsoft and Nokia has finally closed. The deal for Microsoft to purchase Nokia's handset business was met with some opposition initially, but recently received approval in China. The final sale price was around $7.5 billion.
Background:
Microsoft’s Nokia deal closes — say hello to Microsoft Mobile [VentureBeat]
Microsoft officially welcomes the Nokia Devices and Services business [Businessweek]
Don't fight yesterday's war: Can Nokia fix Microsoft's mobile problem? [ZDNet]