Sunday, February 26, 2006

Cisco Completes Acquisition of Scientific-Atlanta

Cisco Systems completed its acquisition of Scientific-Atlanta. Cisco paid $43 per share in cash in exchange for each share of Scientific-Atlanta, and assumed outstanding options, for an aggregate purchase price of approximately $7.0 billion, or approximately $5.1 billion net of Scientific-Atlanta's existing cash balance. The deal was first announced in November 2005.

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