Nokia (NOKIA FH) to Buy Infinera (INFN) in $2.3 Billion Deal
Nokia Oyj has agreed to acquire Infinera Corp. in a transaction valuing the maker of optical telecommunications equipment at $2.3 billion including debt.The cash-and-stock deal will value Infinera at $6.65 a share, a 37% premium to the trailing 180-day average of the San Jose, California-based company’s share price, according to a statementBloomberg Terminal Thursday....
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