Tellabs, Facebook, Apple: Tech Premarket
Under the terms of the merger agreement, entities affiliated with Marlin will acquire all of Tellabs' outstanding shares for $2.45 a share in cash. The deal is expected to close in the fourth quarter.
Tellabs' shares climbed 5.11% to $2.47 before market open. The Naperville, Ill.-based firm was also the most active premarket Nasdaq stock on share volume of 13,072,681.
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