E.U. Approves Cisco’s Communications Acquisition
The European Commission, which reviews cross-border mergers that impact the EU, found that Cisco’s $6.9 billion purchase of Scientific-Atlanta, the second-largest international seller of cable television boxes, would not violate antitrust laws in the EU.
“[T]he operation would not result in a significant impediment to effective competition in the European Economic Area,” the Commission confirmed in a statement.
The transaction is...
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