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NOT A SUBSCRIBER?Nortel Networks asset sales win approvalPosted on September 17, 2009 1:30 PM
Nortel Networks Corp. received court and regulatory approvals on Wednesday that continue the breakup of the former Canadian blue-chip company.
The bankrupt Toronto telecom equipment maker issued a statement that said courts in Delaware and Ontario had approved its agreement to sell its Enterprise Solutions division to private equity-backed Avaya Inc. for $915 million. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline.
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