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Stock impact report

Acacia Communications Announces Expiration of the HSR Waiting Period for Proposed Acquisition by Cisco Systems, Inc.

ACACIA COMMUNICATIONS (ACIA) 
Last acacia communications earnings: 2/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.acacia-inc.com/investor-overview
Company Research Source: GlobeNewswire
MAYNARD, Mass., Sept. 27, 2019 (GLOBE NEWSWIRE) -- Acacia Communications, Inc. (NASDAQ: ACIA), a leading provider of high-speed coherent optical interconnect products, today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), expired with respect to with the proposed acquisition of Acacia Communications by Cisco Systems, Inc. (NASDAQ: CSCO) at 11:59 p.m. Eastern Time, on September 26, 2019.  The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the acquisition, which remains subject to customary closing conditions, including antitrust approvals in Germany and China.  The acquisition has also received regulatory clearance from the Austrian Federal Competition Authority.  The acquisition is expected to close during the second half of Cisco’s FY2020. About Acacia CommunicationsAcacia Communications develops, manufactures and sells high-speed coherent optical int Show less Read more
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