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Is Nortel an LBO Candidate?

Started by Mark Evans · 9 months ago

As Nortel CEO Mike Zafirovski drives to fix Nortel by reducing costs and getting out of unprofitable markets such as the UMTS access business, he is setting up the company to be a leveraged buy-out candidate? According to BusinessWeek, the high-tech sector is ripe for LBOs after several years of stagnating stock prices, increasing regulatory requirements [...] ... Continue reading »

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