Schulte Roth Reps Marlin Equity In $891M Deal For Tellabs

Law360, New York (October 21, 2013, 1:09 PM EDT) -- Telecommunications networking company Tellabs Inc. on Monday said it has agreed to be bought out by Marlin Equity Partners LLC for $891 million, with the investment firm acquiring all of the outstanding shares of Tellabs for $2.45 per share in cash.

The price per share is a premium of 4.3 percent over the closing share price on Oct. 18 and a 13.3 percent increase over the 180-day volume-weighted average closing share price as of that date. The proposed deal also represents a premium of 29.9 percent over...
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