Shares of Tellabs Were Halted, Announced Will Be Purchased by Marlin Equity Partners for $2.45/Share in Cash
October 21, 2013 at 07:18 AM EDT
Tellabs (NASDAQ: TLAB ) today announced that it has entered into a definitive merger agreement with entities affiliated with Marlin Equity Partners ("Marlin"), which provides that Marlin entities will acquire all of the outstanding shares of Tellabs for $2.45 per share in cash. The price per share represents a premium of 4.3% over the closing
