Brief: ADVA - Acorn HoldCo Reaches Minimum Acceptance Threshold For Public Exchange Offer

Adtran Networks SE

31/01/2022 08:12

Jan 31 (Reuters) - ADVA OPTICAL NETWORKING SE  ADAG.DE :
    * SAID ON FRIDAY: ANNOUNCED THAT BY END OF ACCEPTANCE PERIOD
ON
JANUARY 26, 2022, VOLUNTARY PUBLIC TAKEOVER OFFER OF ACORN
HOLDCO, INC. TO ALL SHAREHOLDERS OF ADVA HAS BEEN ACCEPTED FOR
MORE THAN 60% OF ALL ADVA SHARES
    * MINIMUM ACCEPTANCE THRESHOLD HAS THEREFORE BEEN REACHED
    * FINAL RESULT AS AT THE END OF THE ACCEPTANCE PERIOD IS
EXPECTED
TO BE PUBLISHED ON JANUARY 31, 2022

 Further company coverage:  ADAG.DE  

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