20.07.2011 00:20 Uhr, Quelle: MacNN

Canada won't block sale of Nortel patents

Unlike the rumored investigation by the Department of Justice and the FTC of the recent Nortel patent buy, the Canadian government won't review it, the Industry Minister Christian Paradis said on Tuesday. While the Investment Canada Act requires foreign investments of more than $328 million must be reviewed, the book value of the $4.5 billion deal may be much lower, said a Tuesday report.

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