Alcatel Telecom (ALA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Alcatel Telecom (ALA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Fancy who wrote (140)	9/4/1998 6:11:00 PM
From: Steve Fancy	Read Replies (1) of 285

Alcatel Receives U.S. Approval To Acquire DSC Communications Dow Jones Online News, Friday, September 04, 1998 at 17:55 DALLAS -(Dow Jones)- French telecommunications-systems maker Alcatel Alsthom Cie. Generale d'Electricite said Friday it received antitrust approval from the Justice Department to acquire DSC Communications Corp for $4.4 billion in stock. In June, Alcatel (ALA) and DSC Communications (DIGI), which makes networking products, agreed to merge in a stock swap. Closing of the deal is anticipated to be completed promptly. DSC Communications redeemed all of the preferred stock purchase rights issued to holders of DSC common stock at the redemption price of one cent per right, payable in cash. Dallas-based DSC had been the target of fervent merger speculation, with Northern Telecom Ltd. (NT), Siemen's AG and L.M. Ericsson Telephone Co. (ERICY) all cited as possible buyers. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next