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Agere Systems announced Monday that Lucent Technologies has completed the spinoff of the company. Lucent distributed 945 million Agere shares to about 5 million Lucent shareholders, making the manufacturer of communications components and chips a completely separate company. ... Agere numbers about 11,500 employees,
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news.cnet.com/Lucent-completes-Agere-spinoff/2110-1033_...
news.cnet.com/Lucent-completes-Agere-spinoff/2110-1033_3-931096.html
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Those full shares of Agere Class A common stock and Agere Class B common stock should have been received on or about June 1, 2002. As previously announced, shareowners entitled to a fractional share of Agere Class A common stock or Agere Class B common stock will receive a cash payment instead of a fractional share.
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answers.google.com/answers/threadview?id=191398
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How the Agere Spin-off Impacts Your Lucent Stock Options ... "Information Sheet" about Spin-off of Agere ... This information sheet provides important information you need to know about Lucent’s spin-off of Agere.
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www.secinfo.com/dSA1r.33w.c.htm
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The Agere spinoff is the second by Lucent, which was itself spun off in 1996 from AT&T. ... Agere's spinoff had been delayed by Lucent's creditors until it turned a quarterly profit before taxes, interest and certain other expenses. That happened in this year's January-March quarter.
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www.crn.com/it-channel/18828455
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Agere Spin-Off Could Retire Lucent's Debt from Electronic News provided by Find Articles at BNET ... Agere Systems Inc. made its IPO on the New York Stock Exchange Wednesday. The company offered 6 million shares at a price of $6 per share, which is considerably below what Murray Hill, N.J.-based Lucent originally wanted.
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findarticles.com/p/articles/mi_m0EKF/is_14_47/ai_728038...
findarticles.com/p/articles/mi_m0EKF/is_14_47/ai_72803810/
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Lucent Spinoff Agere Systems Will Cut 4,000 Jobs, Close Plants. from Knight Ridder/Tribune Business News provided by Find Articles at BNET ... Aug. 15--Agere Systems announced Wednesday it will cut 4,000 jobs -- about a third of its workforce -- and concentrate on its most profitable products to stem losses in a...
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findarticles.com/p/articles/mi_hb5553/is_200208/ai_n216...
findarticles.com/p/articles/mi_hb5553/is_200208/ai_n21658455
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Trying to entice investors in a sour market for initial public offerings, Lucent Technologies again cut the offering price of its Agere Systems Inc. division yesterday, this time by 40 percent. ... Agere plans to assume the remaining $2.5 billion in debt by September, when Lucent expects the spinoff to be completed.
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www.nytimes.com/2001/03/23/business/technology-lucent-a...
www.nytimes.com/2001/03/23/business/technology-lucent-again-cuts-offering-price-for-agere-spinoff.html
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ALLENTOWN, Pa., June 3 -- Agere Systems said today that Lucent Technologies has completed the spinoff of the company and has distributed about 945 million shares of Agere common stock to nearly 5 million shareowners.
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www.photonics.com/Content/ReadArticle.aspx?ArticleID=12...
www.photonics.com/Content/ReadArticle.aspx?ArticleID=12931
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As such, Lucent plans to go ahead with the spin-off of Agere Systems (NYSE : AGR), despite signs that sales at the optoelectronics unit are slipping. Perhaps a sign of even greater desperation is the rumor that Lucent is considering selling its fiber-optic cable business.
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www.redherring.com/Home/3891
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Agere Spinoff
