On Tue, 2009-07-21 at 12:26 -0400, Scott Lawrence wrote:

> I've gotten a few off-list requests for information about yesterdays
> announcements regarding the sale of the Nortel Enterprise business.
[...]
> I'd like to ask that we _not_ spend time and energy on the sipXecs lists
> speculating about this on our project lists.  Frankly, speculation is
> pretty pointless until some deal actually closes, which is certainly
> months from now.  When there's some definitive news, you'll hear it
> pretty quickly here, but don't hold your breath.

In keeping with my assurance that news would appear here:

http://www.bloomberg.com/apps/news?pid=20601082&sid=a1jEQx6dj4Ec

        Nortel Wins Approval of Avaya-Led Auction of Unit (Update1) 
        By Sophia Pearson
        
        Aug. 4 (Bloomberg) -- Nortel Networks Corp. won bankruptcy court
        permission to sell its enterprise solutions business at an
        auction where Avaya Inc. will make the opening bid of $475
        million. 
        
        U.S. Bankruptcy Judge Kevin Gross in Wilmington, Delaware, and
        Ontario Superior Court Judge Geoffrey Morawetz today both
        approved guidelines that will govern Nortel’s Sept. 11 auction
        in New York. Bids must be received by noon on Sept. 4. All
        objections to the sale were resolved before today’s hearing. 

... so there is not likely to be any more definitive news on this
process before Sept 11.


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