► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Nokia has made a €15.6bn agreed all-share bid for Alcatel-Lucent, but the latter’s shareholders aren’t too cheered: the stock has dropped below the offer price. The FT’s Lex team discusses whether the merger of two companies already in a cost-cutting process can work.<br /> <br />► FT World News: http://bit.ly/1Exp0iJ<br /><br />► FT Business: http://bit.ly/1KUK08s<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
