A deal has been reached to end the long-running fight over $7.3 billion raised in the bankruptcy liquidation of former Canadian telecommunications giant Nortel Networks Corp.
The Justice Department is scrutinizing likely bidders for a giant trove of patents being sold this month by the bankrupt Canadian telecom-equipment maker Nortel Networks Corp. amid concerns the patents could be used to unfairly hobb...
A federal judge in Delaware hears an appeal of a bankruptcy ruling in the Nortel case, which has consumed almost $2 billion in fees so far.
Canadian telecommunications giant BCE on Monday said it had reached a friendly deal to buy Manitoba Telecom for about 3.1 billion Canadian dollars (about $2.5 billion).
Another Canadian court has shut the door in the face of bondholders unhappy with their treatment in the long-running bankruptcy of Nortel Networks Corp.