Newspaper wrap-up: Nortel open to acquisitions
Posted Aug 3rd 2007 9:20AM by Eric Buscemi
Filed under: Newspapers, Magazines, Blockbuster Inc 'A' (BBI), Nortel Networks (NT), UAL Corp (UAUA)
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MAJOR PAPERS:
OTHER PAPERS:
- The New York Times reported that British mining company Anglo American plc (NASDAQ: AAUKD) is going to begin the process of selling Tarmac, with possible buyers including Orascom Construction Industries, Lafarge Coppee (NYSE: LR), and Cemex (NYSE: CX).
- From BusinessWeek's "Inside Wall Street" column:
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Reader Comments (Page 1 of 1)
8-03-2007 @ 3:17PM
molly said...
If Nortel can do something about Nokia, I think that the obvious candidate for an acquisition is Tellabs. Nokia and Nortel have been rumored to be interested in it for a while, and according to NewsVisual, the ties from each to Tellabs are pretty strong (see article: http://www.newsvisual.com/newsvisual/2007/08/nortel.html). I read that 3Com is supposed to be a pretty good contender as well.