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Old Aug 20, 2006, 08:46 AM   #1
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Report: analysts antsy over Lucent-Alcatel merger

Source: Yahoo! News
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SAN FRANCISCO — A series of recent research notes from prominent analysts have heightened concerns about the proposed $36 billion merger between Lucent Technologies and Alcatel, according to a report published Friday (Aug. 18) by The Wall Street Journal.

The report states that a research analyst from Dresdner Kleinwort questioned the terms of the merger, pointing to what he said was a $4 billion deficit in Lucent's pension liabilities, and suggested that Alcatel could have trouble running Bell Labs, which performs often highly sensitive research for the U.S. government.
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