Onex unit kills plan for IPO

Article Abstract:

Nashville, Tenn.-based ClientLogic Corp., which is an Internet-based services firm owned by Japan's Onex Corp., has cancelled its proposed $220 million initial public offering due to stock market volatility. Market conditions have also affected Vancouver, BC-based 360 Networks Inc. and OnX Inc.

United States, Japan, Asset sales & divestitures, Computer Systems Design and Related Services, Contract Software & Services, Financial Holding Companies, Offices of Bank Holding Companies, Computer integrated systems design, Holding Offices, Mergers, acquisitions and divestments, Financial services industry, Financial services, Computer services industry, Information technology services industry, Software support services, Onex Corp., 360 Networks Inc., OCX, ClientLogic Corp., OnX Inc.

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The story behind Nortel's fall

Article Abstract:

How Nortel Networks Corp. fell so far and so fast: The author traces the history of the company highlighting such critical mistakes as acquisition strategy, unrealistic market forecasting, and vendor financing terms.

Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Management, Evaluation, Acquisitions and mergers, Telecommunications equipment industry, Telecommunications systems, Marketing, Nortel Networks Corp., NT, Company Profile, Financial management

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