Advertisement

IN BRIEF / TELECOM

Shareholders of Alcatel, Lucent Approve Merger

September 08, 2006|From the Associated Press

Alcatel and Lucent Technologies Inc. overcame shareholder misgivings to win firm backing for their 8.4-billion euro ($10.7 billion) tie-up to create a global telecommunications equipment maker.

The near-simultaneous votes in Paris and Wilmington, Del., gave the go-ahead for Alcatel's all-stock acquisition of Murray Hill, N.J.-based Lucent, scheduled for completion by the end of the year.

Advertisement
Los Angeles Times Articles
|
|
|