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Tech Industry

Short Take: Lucent tender offer for Octel extended

Lucent Technologies and Octel Communications announced that Lucent's tender offer for all outstanding shares of Octel's common stock has been extended until 5:00 p.m. ET on September 12, from August 29. Lucent and Octel said the offer was extended because they are responding to a second request for information from the Antitrust Division of the Justice Department.

Lucent Technologies and Octel Communications announced that Lucent's tender offer for all outstanding shares of Octel's common stock has been extended until 5:00 p.m. ET on September 12, from August 29. Lucent and Octel said the offer was extended because they are responding to a second request for information from the Antitrust Division of the Justice Department.