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TheStreet.com: Alcatel to Buy Newbridge in $7.1 Billion Stock Deal |
 | | However, in Wednesday afternoon trading, Newbridge fell 1 15/16, or 6%, to 32 7/16 and Alcatel fell 4 5/8, or 10%, to 43 1/8. |
 | | Newbridge will merge with Alcatel's carrier data division to form a new carrier internetworking division, with Pearse Flynn, Newbridge's current president and chief operating officer, taking over as president of the new division. |
 | | Newbridge is not able to go it alone, since the perception of Newbridge is that of "a troubled company that cannot execute its way out of a paper bag," said Silverstein. |
| www.thestreet.com /brknews/telecom/888304.html (778 words) |
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