lt cap,

My understatnding of the 'squeeze-out' is that if NOK garners 95% of outstanding shares, they can dictate the terms (within reason, I suppose - you probably have to offer 'fair value' rather than give the remaining holder a penny per share lol. I was speculating on whether the 'private transaction' was a way to dig themselves into that 95% position.

However, I'm somewhat abashed to admit I 'researched' this by reading stories for NOK on Yahoo Finance - including one by (ugh) Motley Fool) - but for basic info, the couple most recent stories seem relevant. If you get more clarity, let us know, thanks.

Oh, also - the 'private offer' seems to according to one of the stories, involve the issuance of ~6 mil shares of stock - perhaps that's what dragging NOK down today - but it would be in the service of clearingthe 95% 'hurdle' - sneaky, but legal, I'd think?