Lucent Technologies paid sacked CEO Richard McGinn $5.5 million in severance after he failed to engineer a quick turnaround of the troubled gear maker, and agreed to pay former Chief Financial Officer Deborah Hopkins $3.3 million, the company reported in
Continuing to streamline operations and shift focus to serving wireless carriers, Motorola Inc. last week announced plans to sell the company's Integrated Information Systems Group to defense contractor General Dynamics Corp. for $825 million.
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