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Nortel Auction: No Word Yet (Update)

Word from Nortel is the auction is continuing today.
Eric Krapf
Eric Krapf
September 12, 2009

No details are being released, but Nortel spokesman Bo Gowan confirms on Twitter that the auction of the Enterprise Solutions business unit went late into last night with no resolution. It's expected to resume today. We'll keep you posted.UPDATE 1: Award for best prognostication about the auction, so far, goes to Bo Gowan, of Nortel PR, who noted the possibility of a multi-day auction on his blog yesterday. Follow Bo on Twitter here.

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