09:48 AM EST - Mitel Networks Corporation : Announced that it has entered into a definitive agreement to divest its mobile division to the parent company of Xura, Inc. for $350 million in cash, a $35-million non-interest bearing promissory note and an equity interest in Sierra Private Investments L.P., the limited partnership that will own both Xura and the mobile division. Mitel Networks Corporation
shares T.MNW are trading up $0.56 at $10.45.
