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Sonus Networks, Inc. Message Board

  • fisk007 fisk007 Feb 5, 2013 1:35 PM Flag

    Benzinga Rumor

    Benzinga Website source:

    Rumor Central: Cisco Looking To Acquire Sonus Networks (SONS)

    There is a rumor out on Wall Street today that Cisco Systems (NASDAQ: CSCO [FREE Stock Trend Analysis]) is looking to acquire Sonus Networks, Inc. (NASDAQ: SONS).

    The price being thrown out is somewhere in the $6 per share range, almost a 100% premium to where Sonus is currently trading.

    Article was from Benzinga in August 2010.

    - - - - - - - - -

    Could the recent deal rekindle that possibility? Also...30 months later is the $6 level a possibility?

    It looks like it was a 100% PREMIUM being rumored?

 
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