Stalking Horses & Break Fees | Fraser Milner Casgrain LLP

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Stalking Horses & Break Fees

Author(s): LeGeyt, David, Mann, David

Date: May 29 2009

In Re: Nortel Networks Corp. the Ontario Superior Court of Justice considered an application for court approval of the Bidding Procedures pertaining to the sale of Nortel's "Layer 4-7" business, as well as approval of a "Stalking Horse" bidding process.

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