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...Some companies, such as Alcatel-Lucent and Brocade, were eventually acquired. Others, like Nortel Networks and Global Crossing, went bust....
...A version of this article was first published by Nikkei Asia on May 24, 2023. ©2023 Nikkei Inc. All rights reserved....
...But now even Chinese enterprises — from big manufacturers to small businesses — are finding reasons to set up shop in the US....
...The group was caught flat-footed by the initial rollout of 5G networks as it was still digesting its €15.6bn takeover of Alcatel-Lucent....
...Then, when Nokia acquired Alcatel-Lucent, its French-American rival in 2016, Abou-Khalil led the integration of the companies’ compliance programmes....
...In recent years, steelmaker Arcelor, telecom gear specialist Alcatel-Lucent, cement giant Lafarge, and energy group Technip were all snapped up by buyers from outside France....
...Selling assets from the five companies who largely make up its networks business — Nokia, Siemens, Alcatel, Lucent, and Motorola — would not be straightforward....
...Nokia was too preoccupied integrating its €15.6bn acquisition of French rival Alcatel-Lucent in 2016, missing its chance to roll out a line of new products in time for 5G’s global debut....
...Investors must hope the chatter is wrong: Nokia’s record on M&A is not inspiring, given its record with Alcatel-Lucent....
...* This article has been amended from the original to record that Gannett was the publisher of USA Today....
...Lucent eventually was forced to merge with France's Alcatel, which in time was bought by Nokia, adding to the network equipment businesses it had acquired of Motorola and Germany's Siemens....
...Meg Whitman, the former boss of Hewlett Packard Enterprise, lost out after boardroom politicking backfired. Khosrowshahi was the remaining viable candidate....
...With the help of big money television and branding deals, they have transformed games played recreationally for decades into multibillion-dollar enterprises....
...For Gannett, the deal comes months after it fended off a hostile takeover approach by MNG Enterprise, a rival publisher backed by hedge fund Alden Group....
...Gannett, publisher of USA Today, is in advanced talks to combine with GateHouse Media in a deal that would merge the two largest owners of newspapers in the US by circulation, said two people briefed about...
...If successful, the purchase would be the largest acquisition by MNG Enterprises....
...Gannett, the publisher of USA Today, declared victory in fending off its rival, Digital First Media, in a fight over the company’s board amidst a hostile takeover bid....
...Gannett, the publisher of USA Today, has firmly rejected a $1.4bn takeover offer from rival MNG Enterprises, claiming it was not a credible buyer and had undervalued the media group....
...America’s leading wireless infrastructure maker, Lucent, had already succumbed to a takeover by France’s Alcatel in 2006, and Huawei, with its links to the Chinese government, has since taken the lead in...
...Privately held Cox Enterprises said last July that it was considering the sale of 14 stations, including ABC, CBS and Fox broadcast outlets....
...Nokia has already been slashing costs as part of its acquisition and integration of Alcatel-Lucent....
...Gannett — the publisher of USA Today along with local papers in Arizona, Michigan and Iowa — surely qualifies as one. Gannett’s stock price has dropped a third in the last two years....
...turned to Ken Moelis’ Moelis & Co for its hostile bid for USA Today-owner Gannett....
...Yet the fortunes of heavyweights including Siemens, Lucent, Alcatel, NEC, Panasonic and Marconi waned rapidly, leading to turmoil and consolidation....
...In large part, this bid is sourced from the buybacks (and mergers) from USA Inc. itself. However, individual investors have returned to the “party” — never a good sign....
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