Sony Ericsson: LG-Nortel reports are untrue

09/2/2009 | Reuters · Reuters

Sony Ericsson has denied a South Korean media report that the phone maker was preparing to make a bid for Nortel Network's stake in the LG Electronics-Nortel joint venture. The report, from the eDaily Web site, said Alcatel-Lucent and a private-equity arm of JPMorgan were also top candidates to pursue the LG-Nortel stake.

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