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jay1000

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jay1000

Re: trader111 post# 9104

Wednesday, 06/29/2011 11:38:48 AM

Wednesday, June 29, 2011 11:38:48 AM

Post# of 10063
It will take a while ...perhaps weeks:

".....Patel says that a final sale hearing is scheduled for July 11, although it could be another one to two weeks before the final winning bid is known, he added...."

"The auction is ongoing," explained a Nortel spokesperson, in an email to TheStreet, but said that the company will not comment on the auction until it has been completed.
"A press release will be issued at that time," added the spokesperson......"

http://www.thestreet.com/story/11168913/1/nortels-auction-potential-winners-losers.html?cm_ven=GOOGLEN
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