Alcatel-Lucent Reaps $200M In Sale Of LGS Innovations

By Chelsea Naso ( December 20, 2013, 12:01 PM EST) -- Alcatel-Lucent SA will sell U. S. government communications provider LGS Innovations LLC to a private equity fund backed by holding company CoVant Inc. for $200 million, as part of the global communications provider's plan to provide only IP networking and broadband access, Alcatel said Friday. . . .

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