Senators cast wary eye on Lucent-Alcatel deal
April 5, 2006
SENATORS CAST WARY EYE ON LUCENT-ALCATEL DEAL
[SOURCE: Reuters, AUTHOR: Jeremy Pelofsky and Susan Cornwell]
The Committee on Foreign Investments in the United States (CFIUS), an interagency body that examines foreign acquisitions of American companies, must review and clear the Alcatel-Lucent merger. A number of US senators are already expressing some concerns about the deal. However, it is unclear whether the concerns about security and job losses ultimately will force the telecommunications equipment companies to make any changes to their $14.1 billion merger.
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