Alcatel will buy Newbridge Networks for $7.1 billion

Article Abstract:

France's Alcatel's $7.1 billion acquisition of Canada's Newbridge Networks is a salvo that the communications equipment-maker is ready to compete in the huge market of North America. The combined company wants to be a global leader in new-generation networks; delivering data, video and voice signals over one single network.

North America, Appointments, resignations and dismissals, Flynn, Pearse

---

Newbridge, Alcatel shares slide in anticipation of deal

Article Abstract:

Industry analysts report that Paris, France-based Alcatel has made a $6.5 billion bid to acquire Kanata, Ont.-based Newbridge Networks Corp. The share price for both telecommunication equipment makers fell on reports of the merger proposal.

---

Alcatel sees a fixer-upper where others see a money pit

Article Abstract:

Alcatel, France's second-largest company is negotiating the final merger agreement between it and America's Lucent Technologies Inc. Both companies have seen their stock fall as a result of the merger talks. Alcatel CEO Steve Tchuruk plans to build his company into a global telecommunications equipment powerhouse by buying the struggling Lucent for $34 million and turning it around. Investors and analysts both worry that the merger will create another trans-Atlantic company riddled by debt and struggling with French-American cultural conflicts.

United States, Lucent Technologies Inc., LU

Similar abstracts:

• Abstracts: Faster Web connections permit retailers to add editorial features that can make their sites 'stickier.'. Quisp, a cereal and a character from the past, gains new life and new sales through the Internet
• Abstracts: Warehouse stores aren't just for those pinching pennies. Funeral stores sell inevitable in style. Stores welcome Y2K returns
• Abstracts: AOL deal could have long impact on stocks. Massive salary takes shine out of deal. Insurance tycoon born
• Abstracts: Ford plans to pay low-performing workers to quit. Net companies lose workers to newer startups. Firms cook up new way to keep workers
• Abstracts: Microsoft leans creatively on levers of political power. Prescription imports get big approval. Drug benefit plan gains momentum

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.