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Cisco Systems Inc<\/a> on Friday sought a court order asking Acacia Communications<\/a> Inc to close the $2.84 billion deal, just over an hour after the optical component maker terminated the merger agreement.

The swift response came after Acacia<\/a> said the deal failed to obtain regulatory approval from China within the originally agreed time frame.

Cisco<\/a> said it received the approval on Thursday and sought confirmation from the Delaware Court of Chancery that it has met all conditions for closing the deal.

The network gear maker had agreed to buy Acacia in cash in 2019, aiming to garner a bigger chunk of 5G spending by telecom companies.

The merger, initially expected to close in the second half of Cisco's fiscal 2020, was cleared by the United States, Germany and Austria, but had been under regulatory review by China, the only remaining closing condition of the deal.

Shares of Cisco rose nearly 1% early trading, while Acacia jumped about 9%.

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思科在法庭上相思结束后28.4亿美元的并购交易

思科(csco . o:行情)周五寻求法院命令要求金合欢通讯公司接近28.4亿美元的交易,就在一个小时后,光学组件制造商终止合并协议。

  • 更新2021年1月8日08:49点坚持
阅读: 100年行业专业人士
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思科(csco . o:行情)周五寻求法院指令要求金合欢通信公司关闭的28.4亿美元交易,一小时后光学组件制造商终止合并协议。

之后的迅速反应金合欢说,交易未能获得监管部门的批准中国最初商定的时间框架内。

思科周四表示,它获得了批准,寻求来自特拉华州大法官法院的确认,它符合所有条件关闭交易。

网络设备制造商已经同意购买金合欢现金2019年,旨在获得一块更大的5 g电信公司的消费。

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合并,最初的预期下半年思科的2020财年,清除了美国、德国和奥地利,但被中国在监管审查,仅存的关闭交易的条件。

思科股价早盘上涨近1%,而相思上涨约9%。

  • 发表在2021年1月8日08:46点坚持
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  • 思科在法庭上相思结束后28.4亿美元的并购交易
Cisco Systems Inc<\/a> on Friday sought a court order asking Acacia Communications<\/a> Inc to close the $2.84 billion deal, just over an hour after the optical component maker terminated the merger agreement.

The swift response came after Acacia<\/a> said the deal failed to obtain regulatory approval from China within the originally agreed time frame.

Cisco<\/a> said it received the approval on Thursday and sought confirmation from the Delaware Court of Chancery that it has met all conditions for closing the deal.

The network gear maker had agreed to buy Acacia in cash in 2019, aiming to garner a bigger chunk of 5G spending by telecom companies.

The merger, initially expected to close in the second half of Cisco's fiscal 2020, was cleared by the United States, Germany and Austria, but had been under regulatory review by China, the only remaining closing condition of the deal.

Shares of Cisco rose nearly 1% early trading, while Acacia jumped about 9%.

<\/body>","next_sibling":[{"msid":80174051,"title":"Italy court dismisses Iliad's request to scrap Fastweb-Wind Tre 5G deal","entity_type":"ARTICLE","link":"\/news\/italy-court-dismisses-iliads-request-to-scrap-fastweb-wind-tre-5g-deal\/80174051","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"80174903","title":"cisco","entity_type":"IMAGES","seopath":"telecomnews\/cisco-in-court-after-acacia-ends-2-84-billion-merger-deal\/cisco","category_name":"Cisco in court after Acacia ends $2.84 billion merger deal","synopsis":"Final placements are currently going on at IITs and NITs in virtual mode.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-358493\/80174903.cms?width=150&height=112","link":"\/image\/cisco-in-court-after-acacia-ends-2-84-billion-merger-deal\/cisco\/80174903"}],"msid":80174889,"entity_type":"ARTICLE","title":"Cisco in court after Acacia ends $2.84 billion merger deal","synopsis":"Cisco Systems Inc on Friday sought a court order asking Acacia Communications Inc to close the $2.84 billion deal, just over an hour after the optical component maker terminated the merger agreement.","titleseo":"telecomnews\/cisco-in-court-after-acacia-ends-2-84-billion-merger-deal","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":246,"shares":0,"engagementtimems":1208000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2021-01-08 20:46:19","lastupd":"2021-01-08 20:49:58","breadcrumbTags":["CISCO","Acacia","acacia communications","cisco news","Cisco Systems","Cisco Systems Inc","Industry"],"secinfo":{"seolocation":"telecomnews\/cisco-in-court-after-acacia-ends-2-84-billion-merger-deal"}}" data-news_link="//www.iser-br.com/news/cisco-in-court-after-acacia-ends-2-84-billion-merger-deal/80174889">