RIM Contemplates Making Bid for Nortel Portfolio

  • April 17, 2011

Bloomberg reported (April 16, 2011) that RIM is considering making an offer for the Nortel portfolio that would exceed Google’s $900M bid.  According to bidding rules associated with the upcoming June 20 auction of the Nortel portfolio, a second bid would have to be at least $929M.  Any subsequent bids would have to be $5M more.


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