How Nokia put itself at risk for a takeover bid - The Washington Post

Excerpt from (the second page of) another Nokia snapshot

"Nokia had $12.4 billion in cash and short-term investments as of March 31, topping its market value of $8.6 billion Thursday, the data show. After accounting for debt, Nokia’s net cash position of $5.9 billion is still the equivalent of 68 percent of its market capitalization.
“Close to half of the market cap is cash — that’s cheap no matter what’s going on,” Mahoney said. For private-equity firms, “it’s cheap enough. When you are at this type of level, you don’t even need to cut costs that much to get value out of the transaction.”"

How Nokia put itself at risk for a takeover bid - The Washington Post