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Alcatel Lucent is the new name
 
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Barry



Joined: 12 May 2004
Posts: 1473

PostPosted: Thu Aug 10, 2006 1:08 am    Post subject: Alcatel Lucent is the new name Reply with quote

Lucent filed a document with the SEC stating that once its acquisition by Alcatel closes, the combined company will be called Alcatel Lucent.

The SEC filing contains a letter from Lucent in which the company invites its shareholders to a Sept. 7 meeting in Wilmington, Del.—where Lucent is incorporated—to vote on the proposed deal with Alcatel. Lucent’s board has already blessed the deal, having voted unanimously to approve it.

The acquisition is expected to close by the end of this year and spells out that Lucent investors will own about 40 percent of the combined company, with Alcatel shareholders holding the rest.

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