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- (AFX UK Focus) 2008-11-13 16:02 Nortel bankruptcy a "distinct possibility" -analyst (Interactive Investor)
TORONTO, Nov 13 (Reuters) - Nortel Networks Corp will have to rely on asset sales to fund its battered operations and risks running out of money and collapsing under its debt load before 2011, an analyst warned on Thursday. "Considering the worsening macro environment, Nortel's challenged industry position, and concerns related to liquidity while the capital markets are basically closed, we ... www.iii.co.uk
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