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Nortel's $3B Tax Bill

Ray Le Maistre

2:45 PM -- Nortel Networks Ltd. 's headache just became a severe migraine: The U.S. Internal Revenue System has filed a tax claim for $3 billion from the Canadian vendor. See this Bloomberg story for more details.

— Ray Le Maistre, International News Editor, Light Reading

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12/5/2012 | 3:57:34 PM
re: Nortel's $3B Tax Bill

A bail-in?

12/5/2012 | 3:57:31 PM
re: Nortel's $3B Tax Bill

Z souvenir of Mike Z. We already miss him, don't we?

12/5/2012 | 3:57:23 PM
re: Nortel's $3B Tax Bill

Here's a financially savvy company... maybe they will have to do another restatement? :-)

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