Resolving the many objections to Nortel's (NRTLQ.PK) proposed $1.13B unit sale to Ericsson...

|About: Nortel Networks Corp. (Hol... (NRTLQ)|By:, SA News Editor

Resolving the many objections to Nortel's (NRTLQ.PK) proposed $1.13B unit sale to Ericsson (ERIC): Ontario's finance minister is pressing Canada to block the deal, to keep patents in Canadian hands. Flextronics (FLEX) settles its issues and withdraws objections. Nortel is still working out objections from Sprint Nextel (S), Motorola (MOT) and SNMP Research.