Mitel to sell mobile division to Sierra Private Investments, pay down borrowed...

Mitel to sell mobile division to Sierra Private Investments, pay down borrowed funds

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Mitel to sell mobile division to Sierra Private Investments, pay down borrowed funds

OTTAWA – Mitel Networks Corp. (TSX:MNW) says it will sell its mobile division in a deal worth more than $385 million. The Ottawa-based company says it will receive $350 million cash, a $35 million promissory note and an equity interest in Sierra Private

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