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Home > News > Alcatel to get Lucent for $13B

April 3rd, 2006

Alcatel to get Lucent for $13B

Abstract:
Alcatel SA and Lucent Technologies Inc. said Sunday that the French telecom equipment maker would acquire its U.S. rival in a $13.4 billion (11.1 billion euros) stock swap that would form a major new global player. About 8,800 jobs will be cut.

Source:
qctimes.net

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