Jim Cramer Blog

This past week Lucent and French Alcatel announced that they are in late stage merger talks. They described the deal as a share swap and a merger of equals. In my opinion, this would be a great move for LU, considering the fact they have had little success expanding their revenue and overall business prospects. But, will this merger be approved? This past year, a good number of deals between companies in different countries have been thwarted due to changes in foreign policy. France recently blocked an Italian bid for French utility company Suez and we all know about the failed Dubai ports deal. Will these two governments allow for this type of merger creating an international telecom behemoth?