Nortel Obtains U.S. and Canadian Court Approvals for Sale to Ciena of Optical Networking and Carrier Ethernet Businesses and for Sale to Ericsson and Kapsch of GSM/GSM-R Businesses

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Nortel Obtains U.S. and Canadian Court Approvals for Sale to Ciena of Optical Networking and Carrier Ethernet Businesses and for Sale to Ericsson and Kapsch of GSM/GSM-R Businesses
By marketwire TORONTO, ONTARIO -- (Marketwire) -- 12/02/09 -- Nortel(1) Networks Corporation (OTCBB: NRTLQ) announced that at a joint hearing today it, its principal operating subsidiary Nortel Networks Limited (NNL), and certain of its other subsidiaries including Nortel Networks Inc. (NNI) obtained orders from the United States Bankruptcy Court for the District of Delaware and the Ontario Superior Court.....


	Submission Date: December 02, 2009 Submitted By: marketwire marketwire Number of Views: 47 Email This Article to a Friend	Related Stories: More Related Stories