$4.5B Nortel IP Deal Still Under DOJ Review: Microsoft Exec

Law360, New York (October 17, 2011, 10:25 PM EDT) -- A Microsoft Corp. executive confirmed Monday that federal regulators were still reviewing the $4.5 billion sale of bankrupt Nortel Networks Inc.’s patent portfolio to a group of tech giants including Microsoft and Ericsson Inc.

David Kaefer, general manager of intellectual property licensing for Microsoft, said during a panel discussion at a conference held by the Licensing Executives Society in San Diego that the company was waiting on the U.S. Department of Justice to provide guidance on the deal.

Several executives and advisers who played a role...
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