With a CFO now in charge, Nortel’s obviously positioning themselves to sell. Presumably to Cisco or Alcatel. Price would have to be pretty low, though… Like sub- $1Bn. -Ian.
http://biz.yahoo.com/fo/010519/0519europe.html Forbes.com Alcatel In Takeover Talks With Lucent By Todd Jatras News and views from Europe: * French telecommunications equipment company Alcatel is in negotiations to acquire struggling counterpart Lucent Technologies...
Wednesday February 23 6:03 PM ET Alcatel Buys Newbridge to Boost Position By Susan Taylor OTTAWA (Reuters) – It was a long dance, but Alcatel (CGEP.PA) on Wednesday finally won Newbridge Networks Corp.(Toronto:NNC.TO – news) in a $7.1 billion deal that...
