Replies to post #9104 on Nortel Networks (fka NRTLQ)

[jay1000]

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