Home / Business / Mitel Networks to Acquire Polycom for Nearly $2 Billion

Mitel Networks to Acquire Polycom for Nearly $2 Billion

Mitel Networks Corp. concluded to acquire Polycom Inc. in a scarcely $2 billion cash-and-stock understanding pushed by Elliott Management Corp. to coax converging in a telecom-equipment industry.

The romantic financier in Oct disclosed a 6.6% interest in Polycom and a 9.6% interest in Mitel and urged a dual companies—which sell videoconferencing…

Article source: http://www.wsj.com/articles/mitel-networks-to-acquire-polycom-for-1-8-billion-1460718185

InterNations.org