Tyco Closes Acquisition of Lucent's Power Systems Division - TheStreet

Tyco International

(TYC)

completed the $2.5 billion cash acquisition of

Lucent's

(LU)

power systems business unit, a provider of energy systems and power products for telecom service companies and the computer industry.

Shares of Tyco, a diversified manufacturing and services company, ended the regular session on the Big Board at $55.50, down 6 cents, or 0.1%, while Lucent finished at $13.50, up 38 cents, or 2.9%.