Article: TYCO TO BUY LUCENT UNIT.(Tyco International Ltd., Lucent Technologies' Power Systems business unit)(Brief Article)(Statistical Data Included)

EXETER -- Tyco International Ltd. is buying Lucent Technologies' Power Systems business unit for $2.5 billion in cash.

The purchase is subject to regulatory approval.

"We expect that the acquisition of LPS, like previous acquisitions, will be immediately accretive to Tyco's earnings," L. Dennis Kozlowski, chairman and chief executive officer of Tyco International, said in a ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!