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Merger Monday

Busy busy weekend. Motorola announced its intention this morning to acquire Terayon Communications Systems. From the press release: “Motorola, Inc. (NYSE: MOT) and Terayon Communication Systems, Inc. (Pink Sheets: TERN.PK) today announced that the two companies have signed a definitive merger agreement, under which Motorola will acquire all of the outstanding shares of Terayon’s common [...]

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