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When Nortel's stock crashed, it took with it a wide swath of Canadian investors and pension funds and left 60,000 Nortel employees unemployed. Roth was criticized after it was revealed that he cashed in his own stock options for a personal gain of C$135 million in 2000 alone.
Jan 14, 2009 · Nortel once employed more than 90,000 workers worldwide and was worth nearly $300 billion, making it one of Canada's most valuable companies until the dot-com crash of 2000. Here are some key...
Jan 14, 2019 · Ten years ago today – Jan. 14, 2009 – the company that was once the darling of Ottawa’s technology sector filed for bankruptcy protection in both Ontario and the United States, one day before it was slated to make a $107-million interest payment on its debt.
Jan 15, 2009 · (Reuters) - Nortel Networks Corp, North America's biggest maker of telephone equipment, filed for bankruptcy protection in the United States on Wednesday, a day before it was due to make a $107...
Nov 17, 2001 · Nortel Networks Corp., the lightning rod of investor anger over much of the past year, has surged recently, riding the fresh wave of optimism washing through the shelled-out technology sector.
As its stock price dropped below $1, the New York Stock Exchange notified Nortel that it would be delisted if its common shares failed to rise above $1 per share within 6 months. Rumours continue to persist of Nortel's poor financial health, amid the late 2000s recession, and its bids for government funds are turned down. Liquidation
Discover historical prices for NTEL.OL stock on Yahoo Finance. View daily, weekly or monthly format back to when Nortel AS stock was issued.
