Deal snapshot: Aviat Networks Makes 80/Share Cash Bid for Ceragon Networks.

MANews-(C)2009-2022

US-based wireless transport solutions provider Aviat Networks, Inc. (NASDAQ: AVNW) has submitted a nonbinding proposal to acquire all the outstanding shares of Israeli telecom equipment firm Ceragon Networks Ltd. (NASDAQ: CRNT) that it does not already own for USD 2.80 per share in cash, the company said.

Aviat holds more than 5% of Ceragon's outstanding shares as of June 24, 2022, making it Ceragon's third...

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