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<snip> Nortel said it wanted a settlement so that it could focus on rebuilding its business.

The good news is that the bad news is being addressed. Mike Z seems to be embracing the idea of getting all the bad news taken care of early, so that everything he (and NT) does from here on out is judged against a lowered bar.

Let's hope there's not any more bad news, and that the rebuilding is well underway.
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