SALE

Alcatel-Lucent mulls sale of enterprise unit

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Alcatel-Lucent confirmed on Wednesday that it may sell a collection of businesses that serve non-telecom operator customers as part of CEO Ben Verwaayen's ongoing turnaround plan.

‘Fishzilla’ Snakehead Found in Maryland River

Snakehead
A northern snakehead, sometimes known as 'fishzilla,' was found in a Maryland river on Thursday, raising concerns that the invasive fish is branching out from its adopted home in the Potomac River.
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Canada won't block $4.5 billion sale of Nortel patents

The Canadian government will not review the purchase of patents belonging to bankrupt Nortel Networks by a group that includes Apple Inc, Microsoft Corp and Research In Motion Ltd, the industry minister said on Tuesday.
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Court OKs TerreStar's $1.38 billion sale to Dish

A judge on Thursday approved TerreStar Networks Inc's proposed $1.375 billion sale to Dish Network Corp, pushing the satellite communications company a major step closer to emerging from a 9-month stint in bankruptcy.
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Enron loses appeal of pre-bankruptcy debt sale

An Enron Corp successor seeking money for the energy giant's creditors cannot rely on bankruptcy law to undo the company's rushed sale of commercial paper just before its 2001 collapse.
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Nortel patent sale attracts tech giants

Valuable broadband and networking patents developed by bankrupt Nortel Networks go up for sale next week, with tech giants like Google, Apple and Intel heading the list of would-be buyers.
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Lawsuit could halt Anglo Irish U.S. loan sale

Anglo Irish Bank Corp PLC has until the end of Wednesday to tell a U.S. judge why it should not have to pay off $200 million of bonds before it sells $10.3 billion worth of loans on U.S. commercial property.
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RBC looks to U.S. asset management after sale

Royal Bank of Canada will focus on expanding its U.S. asset management business now that it has sold its money-losing U.S. retail banking operations to PNC Financial Services Group Inc for $3.45 billion in cash and stock.

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