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Technology Stocks : Nortel Networks (NT)

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To: Bosco who wrote (3948)12/15/1999 8:59:00 AM
From: Bill  Read Replies (2) of 14638
 
Wednesday December 15, 8:40 am Eastern Time

Nortel to buy optical networking firm QTera
(All amounts in U.S. dollars unless otherwise indicated)

TORONTO, Dec 15 (Reuters) - Communications gear maker Nortel Networks Corp. (Toronto:NT.TO - news) (NYSE:NT - news) said on Wednesday it signed a definitive deal to buy privately held optical networking firm Qtera Corp. for up to $3.25 billion in Nortel common shares.

biz.yahoo.com

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