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Article: TYCO TO BUY LUCENT UNIT.(Tyco International Ltd., Lucent Technologies' Power Systems business unit)(Brief Article)(Statistical Data Included)
- Article from:
- New Hampshire Business Review
- Article date:
- December 1, 2000
CopyrightCOPYRIGHT 2000 Business Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...
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Article: Tyco International to Lay Off 1,473 Workers, Shut ...
Knight Ridder/Tribune Business News;
February 15, 2002 ;
700+ words
... ... In an extraordinarily detailed report to regulators, Tyco International Ltd. yesterday said it plans to lay off 1,473 and close ... fiscal year, including those at the Lucent Technologies Power Systems division, CIT Group finance business, and Cambridge Protection ...
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