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U.S. court approves settlement awarding $1B interest to U.S. Nortel bondholders

2014-12-19 12:39:40| Telecom - Topix.net

A man walks past a company sign at a Nortel Networks office tower in Toronto on Feb. 25, 2009. A U.S. court has approved a settlement deal that would make Nortel Networks's U.S. bondholders eligible to receive up to US$1 billion in interest that has accrued since the company filed for court protection in 2009.

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