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DOJ approves Google's bid for Nortel patents
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DOJ approves Google's bid for Nortel patents

article published on 14 June, 2011

Google's $900 million "stalking-horse" bid for 6000 Nortel patents has been approved by the Department of Justice, meaning an auction is set to begin next week. Nortel has been selling off assets since going bankrupt in 2009 in an effort to pay off creditors. Once trading as high as $600 a share in the tech bubble of the late 90s, Nortel shares now trade for 4 cents. Google first bid ... [ read the full article ]

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biglo30
Senior Member
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14. June 2011 @ 20:46 _ Link to this message    Send private message to this user   
I actually hope google wins this because it seems like everyone else wants to sue them for something and as you can see now, WP7 is actually banking more from the royalties they collect from google more than they are collecting from their own suck phone.


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