Apple Gets U.S. Antitrust Approval to Bid for Nortel Assets

Apple Inc. got approval from U.S. antitrust regulators to bid for the assets of bankrupt Nortel Networks Corp., according to an agency statement.

The Antitrust Division of the Justice Department reviewed Apple’s request to bid for a number of Nortel patents, according to a person familiar with the situation who declined to be identified because the process isn’t public.