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Reuters: Nortel bankruptcy is possible, analyst says

Started by chris, November 13, 2008, 06:59:20 PM

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chris

Nortel bankruptcy is possible, analyst says
      


TORONTO (Reuters) - Nortel Networks Corp  , North America's biggest maker of telephone equipment, will have to rely on asset sales to fund its battered operations, and risks running out of money and collapsing under its debt load before 2011, an analyst warned on Thursday.</p><div class="feedflare">
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