MatlinPatterson Cries Foul Over Nortel

Davis, Avram
July 2009
Mergers & Acquisitions Report;7/27/2009, Vol. 22 Issue 30, p10
The article reports on the bidding conflict for Nortel Networks Corp.'s code division multiple access (CDMA) and long term evolution access (LTE) business assets. MPAM Wireless, Inc. made a bid to buy the two business units from Nortel. However, Nokia Siemens Networks was named the bidder for the units. The response of MatlinPatterson Global Advisors, the affiliate of MPAM, to the sale of the assets is presented.


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