02.08.2006 02:44 PM
Scientific-Atlanta shareholders approve Cisco acquisition

Scientific-Atlanta shareholders approved the company’s acquisition by Cisco Systems. Shareholders will receive $43 in cash for each Scientific-Atlanta share following the transaction close.

Scientific-Atlanta and Cisco previously announced that the waiting period for U.S. antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 was terminated on December 30, 2005. The transaction remains subject to regulatory approval by competition authorities in various jurisdictions outside the United States. The companies continue to expect to consummate the acquisition in the first quarter of 2006.

For more information, visit www.scientificatlanta.com.

Back to the top




Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Tuesday 06:00 AM
Eleven FCC Scenarios for The 600 MHz Band Plan
I suspect that the estimated $44 billion of auction proceeds do not take into account the fact that some spectrum the FCC will buy cannot be resold because it must be used as guard intervals in the 600 MHz band plan.~ Charles W. Rhodes


 
Featured Articles
Discover TV Technology