French Competitor Alcatel Mulls Buying N.J. Telecom Manufacturer Lucent. (19-MAY-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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French Competitor Alcatel Mulls Buying N.J. Telecom Manufacturer Lucent.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 19-MAY-01

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Byline: Rachel Scheier

May 19--Lucent, the troubled New Jersey telecom manufacturer whose stock plunge has weakened many of the biggest mutual funds, could soon be bought by French competitor Alcatel.

While Lucent, despite hitting hard times, remains powerful in the U.S., Alcatel is a dominant force in Europe. If the deal goes through, analysts said, the merged companies would form...

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