Law360, New York (October 07, 2009) -- Communications equipment supplier Ciena Corp. will pay $390 million in cash and about $131 million in stock to acquire substantially all of bankrupt telecommunications company Nortel Networks Corp.’s optical networking and carrier Ethernet assets, the companies have announced.
Nortel also will receive 10 million shares of Ciena common stock as part of the deal the two firms revealed on Wednesday....
