Archive for July 8th, 2009

Fight over Nortel’s assets begins

Nortel’s creditors weren’t pleased with Nokia Siemens Networks’ $650 million offer for Nortel’s CDMA and LTE assets, and now they appear to be doing something about it. According to the Financial Times, BusinessWeek and several other publications, creditor MatlinPatterson Global Advisers is trying to spark interest among investors to recapitalize the vendor, raising the possibility that Nortel Networks just may emerge from the ashes of bankruptcy intact. more

Calendar

July 2009
M T W T F S S
« Jun   Aug »
 12345
6789101112
13141516171819
20212223242526
2728293031  

Your Account

Subscribe

Subscribe to RSS Feed

Subscribe to MyYahoo News Feed

Subscribe to Bloglines

Google Syndication