Key Regulatory Milestone Achieved for ADTRAN/ADVA Business Combination [MarketWatch]
ADTRAN Holdings, Inc. (ADTN)
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portal.adtran.com/web/page/portal/adtran/wp_investorrelations_landing
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Source: MarketWatch
HUNTSVILLE, Ala., (BUSINESS WIRE) -- ADTRAN, Inc. today announced that the proposed business combination of ADTRAN and ADVA Networking SE has reached a key U.S. regulatory milestone. In connection with the Business Combination Agreement, ADTRAN and ADVA made a joint, voluntary filing with the Committee on Foreign Investment in the United States (CFIUS) concerning the transaction. On January 20, 2022, ADTRAN and ADVA received notice from CFIUS that it had completed its review of the transaction and determined that the transaction was not a “covered transaction” subject to CFIUS' jurisdiction. Accordingly, ADTRAN and ADVA have met the requirement under the Business Combination Agreement related to CFIUS notification. This is yet another key regulatory milestone that the business combination has reached. Cooperative proceedings continue with the foreign direct investment authorities in Germany and the UK. The end of the ADVA shareholder tender offer acceptance period is midnight CET o
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ADTN
News
- ADTRAN to close Greifswald facility within three months [Seeking Alpha]Seeking Alpha
- ADTRAN Holdings, Inc. (NASDAQ: ADTN) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $8.00 price target on the stock.MarketBeat
- ADTRAN Holdings, Inc. to Release First Quarter 2024 Earnings on May 6, 2024Business Wire
- ADTN INVESTOR NOTICE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - ADTNPR Newswire
- ROSEN, LEADING TRIAL ATTORNEYS, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – ADTNGlobeNewswire
ADTN
Earnings
- 2/26/24 - Miss
ADTN
Sec Filings
- 4/17/24 - Form 8-K
- 4/4/24 - Form DEFA14A
- 3/27/24 - Form ARS
- ADTN's page on the SEC website