Alcatel to Sell Assets in Bid to End 'Perpetual' Restructurings
Bloomberg
Alcatel-Lucent SA (ALU) will sell 1 billion euros ($1.3 billion) of assets and slash costs by another 1 billion euros in a bid by Chief Michel Combes to turn the company around — something his predecessors tried, and failed, to do for seven years. The shares …
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New York Times
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