Nortel Networks filed for bankruptcy protection in the face of declining sales. Nortel is the first major tech company to go bankrupt in the economic crisis and a potential bellwether. The company, which is based in Toronto, made the filing in Delaware but is seeking protection in Canada as well.
Nortel filing
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on January 14, 2009 10:49 AM.
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