Turin Networks To Acquire Carrier Access for $2.60/Share
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Turin Networks announced a definitive agreement to Carrier Access Corporation (NASDAQ: CACS) for approximately $92.7 million in cash subject to certain adjustments.
Under the terms of the agreement, stockholders will receive $2.60 for each outstanding share of Carrier Access' common stock, subject to adjustment.
Carrier Access closed at $2.50 on Friday.
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