Microsoft and Nokia: what if the acquistion doesn't go through

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I was thinking today that this acquisition of Nokia's cell phone division still has not gone through and we sure don't hear many updates on it. Then I thought what if it ends up not going through. What would this mean for both companies.

I think Nokia would start putting out Android phones fairly quickly(aren't they already said to be working on one) but would they keep developing for Windows Phone?

Would Microsoft give up on the phone platform and work on moving services to IOS? They seem already to be favoring IOS over android with the recent Office move.

Anybody have any idea's? I would love to hear your thoughts on the matter.

Well I should have checked first but it looks like the deal is going through this Friday(see link below). But it would still be fun to speculate about it anyway.

http://www.theregister.co.uk/2014/04/21/microsoft_nokia_merger_closes/