Canadian Authorities Permit Apple-Led Acquisition of Nortel Patents to Proceed

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reuters reports canadian authorities have declined review $4.5 billion purchase of nortel's patent assets apple-led consortium, determining transaction not subject regulations regarding foreign investments.
bankruptcy courts in canada , united states have already approved transaction, has been said provide apple clear ownership of number of patents related lte cellular technology.

purchase may not entirely in clear yet, however, federal antitrust investigators have expressed concern on possibility google may have faced "unfair coalition" of companies in bidding patents.

article link: canadian authorities permit apple-led acquisition of nortel patents proceed
 

this big, folks. lead interesting moves consortium.
 


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