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Ceragon (CRNT) Confirms Receipt of Revised Non-binding Indication of Interest from Aviat Networks (AVNW)

  • August 3, 2022


StockCeragon Networks Ltd.SymbolCRNT
Date Announced08/03/2022Source Press Release
TypeUnsolicited BidAcquiring Company/Person Aviat Networks, Inc.

Ceragon Networks Ltd. (CRNT), the global innovator and leading solutions provider of 5G wireless transport, confirmed that it has received a revised non-binding indication of interest from Aviat Networks, Inc. (AVNW) to acquire all of the outstanding shares of Ceragon for $3.08 per share, consisting of $2.80 in cash and $0.28 in equity consideration of Aviat common stock, subject to certain conditions.

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