DISQUS

All About Nortel: Nortel Sells Sasken Statek

  • less · 1 year ago
    "In 2005, Nortel had invested $10 million in Sasken for a 11.31 percent stake in Sasken's fully diluted equity, the report said."

    A lawsuit was filed in 2005:

    "Zafirovski will also repay Motorola US $11.5 million, which is part of his separation payment from Motorola, and Nortel has agreed to fully reimburse Zafirovski for this repayment."

    New Age math proves conclusivley that Mike only cost Nortel $1.5 mio.