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Stock Market & Financial Investment News

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December 7, 2012
07:26 EDTALUAlcatel-Lucent considers mortgaging assets as it restructures, WSJ reports
Looking to buy time to restructure, Alcatel-Lucent (ALU) may mortgage parts of its past and future, reports the Wall Street Journal. The telecom-equipment company is exploring offering its Internet-routing business as backing for as much as $1.31B in loans, and pledging the company's valuable portfolio of patents from Bell Labs, sources say. Reference Link
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