Bush Approves Alcatel Lucent
Ray Le Maistre writes on Light Reading:
Alcatel and Lucent Technologies Inc. announced late Friday night that they have received final approval for their merger from U.S. President George W Bush and expect to complete their merger on November 30.More here.
The duo say they have "received approval from the Committee on Foreign Investment in the United States (CFIUS), under provisions of the Exon-Florio amendment, to proceed with their proposed merger transaction."
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