You are correct in saying that all necessary regulatory approvals have been given to Look selling its spectrum and licenses to the Inukshuk Wireless Partnership (Bell and Rogers). That transaction is now completed. You are also right in saying that Look is attempting to sell its remaining assets (with its tax attributes being the most significant).

The company is winding down its subscriber operations (on track for mid-November), but has not yet indicated what its future as a corporation holds. The Board of Directors is currently reviewing its options and will make an announcement once a final decision has been made. There has not been any timeline offered for that decision.

orgy