ADTRAN (ADTN) Closes Merger with ADVA

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ADTRAN Holdings Announces Closing of Business Combination with ADVA

July 15, 2022 8:00 AM EDT

HUNTSVILLE, Ala.--(BUSINESS WIRE)-- ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (ADTRAN Holdings or the Company) today announced the closing of its business combination with ADVA Optical Networking SE (FSE: ADV) (ADVA). The companies received all necessary regulatory approvals and shareholder consent, making closure possible. ADTRAN Holdings is now the parent company of ADTRAN, Inc. (ADTRAN) through the merger of ADTRAN with and into a wholly-owned subsidiary of ADTRAN Holdings. Additionally, tendered ADVA shares were exchanged for shares of ADTRAN Holdings today, making ADTRAN Holdings the majority... More