Your Move, Mike Z. (a.k.a To Siemens or Not to Siemens)
Filed Under (Executive Suite) by Mark Evans on 27-04-2006
So does Nortel pursue a deal with Siemens to create a $25-billion global powerhouse? Or does Nortel CEO Mike Zafirovski continue to focus on fixing the company before he even considers a mega-merger? Check out today's National Post on why Siemens make sense.
Can Nortel actually close an agreement with another company with the current financial situation of the company?
if the board approves a merger or buy-out - and siemens is willing to take on the risk inherent in nortel’s recent past - i can’t see why a deal can’t potentially happen.