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The Wall Street Journal

Latest Headlines

Latest Headlines

Alcatel-Lucent to use €1.6 billion in new financing to fund restructuring program

Alcatel-Lucent plans to use the €1.6 billion ($2.1 billion) in bank financing it secured last week to fund its €1.25 billion ($1.6 billion) restructuring program as well as the restructuring of unprofitable managed services contracts and exiting of geographic markets.