| TORONTO, ONTARIO--(Marketwire - Nov. 11, 2011) - Through the creditor protection process, Nortel has sold all of its businesses and remaining patents and patent applications generating approximately $7.7 billion in net proceeds for the benefit of its creditors, and preserving 16,000 jobs for employees with the purchasers of the businesses and assets Focus remains on maximizing value for stakeholders, including the sale of remaining assets, wind down of global operations and entities, on...continued NRTLQ |
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