Description: In the five years since Nortel went bankrupt, many possible explanations have been suggested for its demise. Poor strategy, weak finances, low-cost competition from China, a misguided board of directors, hubris, the federal government’s refusal to backstop it during the recession, you name it.

Source: FinancialPost.com

Date: Mar 17, 2014

Link: http://business.financialpost.com/2014/03/17/lessons-from-nortel-acquisitions-spree-bad-management-calls-led-to-tech-giants-fall-study-says/

Questions for Discussions:

• What are the reasons for the demise of Nortel, according to this report?
• What lessons are there for board of directors, especially when it comes to acquisitions?