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To: Dakota Sullivan who wrote (28038)12/16/1997 8:45:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
Lucent Tech Closes Livingston Enterprises Inc. Buy MURRAY HILL, N.J. (Dow Jones)--Lucent Technologies Inc. (LU) completed its acquisition of Livingston Enterprises Inc., a privately held provider of systems that remotely connect computers to Internet service providers. Lucent said on Oct. 15 it would buy Livingston for $650 million of Lucent stock. Company officials could not be reached immediately to confirm the price. In a press release Tuesday, Lucent said the acquisition adds to its data networking product offerings. Steven Willens, Livingston's president and chief executive, was named president of Lucent's Remote Access unit and a member of Lucent's senior executive team. ------------------------------------------------------------------------