Trading Signals
Acacia Communications Inc (ACIA) – Cisco Systems Inc (CSCO) deal has overcome the last hurdle
The Chinese government has approved the Cisco Systems Inc (CSCO) deal to purchase Acacia Communications Inc (ACIA). An earlier agreement almost failed, but now the two industry leaders are seeking to merge. This would result in the first-ever all-in-one communication equipment manufacturer. Chinese authorities have authorized the merger of Cisco and Acacia Communications Inc (ACIA). Cisco is delighted with this news as it continues to work hard to close the deal. For the deal to accomplish, Cisco increased its offer this month despite a ban imposed by Chinese regulators on Acacia to pull out of the deal. The company has
