Lucent announces a plan to spin off stagnant divisions

Article Abstract:

Lucent Technologies Inc. is planning to spin off struggling operations that are designed to serve corporate customers. The company announced the decision after it posted disappointing results for first-quarter ending December 31, 1999.

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Lucent may seek to spin off unit in $50 billion deal

Article Abstract:

Lucent Technologies Inc. is studying the possibility of spinning off its microelectronics division. Analysts believe that such a deal could be worth over $50 billion (52.07 billion euros).

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Lucent plans sale of a pair of plants in outsourcing plan

Article Abstract:

Lucent Technologies Inc. is planning to divest two production facilities as part of its strategy to do more outsourcing of its production. The two plants, both in the US, have a workforce of 8,400 employees.

Facilities & equipment

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