Avanex to be Acquired by Bookham
Article filed on January 27, 2009
Avanex and Bookham announced today that they have reached a definitive agreement where Bookham will acquire Avanex for $35.4 million in stock.
If the merger is completed, Avanex shareholders will receive 5.426 shares of Bookham stock for every share of Avanex stock held.
The merger is expected to close in three to six months.