I reported on the Nortel bankruptcy early today and just came across a good article on the matter. I say there is a good chance than Microsoft buys up the enterprise division of the company. At least Ballmer knows unlike Yahoo there won’t be much negotiation.
To get more of an idea of what is happening also see:
- Nortel Under Assault
- Hard Times as Nortel Bankruptcy Looms
- We’re No Shrinking Violet Says Nortel’s Carrier Chief
- Nortel’s Web.Alive Brings Virtual Worlds to Business
- Learn From Nortel’s Woes
- Nortel files for bankruptcy
- Report: Canada’s Nortel to seek protection
- Nortel board considers future; reports say it could seek bankruptcy protection
- UPDATE 2-Nortel shares plunge ahead of interest payment