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Stock impact report

ADTRAN Announces Quorum to Approve Business Combination with ADVA Optical Networking SE

ADTRAN Holdings, Inc. (ADTN) 
Last adtran holdings, inc. earnings: 2/5 08:05 pm Check Earnings Report
Company Research Source: Business Wire
HUNTSVILLE, Ala.--(BUSINESS WIRE)--ADTRAN, Inc. (NASDAQ: ADTN) today announced that it has achieved a quorum for the Special Meeting of Stockholders to be held at 10:30 a.m. Central Standard Time on Thursday, January 6, 2022, in connection with its proposed business combination with ADVA Optical Networking SE. ADTRAN stockholders who have submitted proxies to date have overwhelmingly voted in support of the business combination, as well as for the other proposals to be voted at the Special Meeting of Stockholders. While stockholders are permitted to change or revoke their proxies before or during the Special Meeting of Stockholders, it is now anticipated that the business combination and other proposals will be approved.“I am pleased by the large percentage of stockholders that have already submitted proxies in favor of this transaction,” said ADTRAN Chairman and CEO Tom Stanton. “This positive development reinforces our belief that the proposed business combination will benefit b Show less Read more
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