Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Eric Maggard who wrote (19794)	7/23/1998 1:10:00 PM
From: ACAN	Respond to of 79545

Eric; ccsc newsThursday July 23, 12:23 pm Eastern Time Company Press Release SOURCE: Tellabs, Inc. Tellabs and Coherent to Complete Merger LISLE, Ill., July 23 /PRNewswire/ -- Tellabs, Inc. (Nasdaq: TLAB - news), and Coherent Communications Systems Corporation have been advised by the staff of the Antitrust Division of the U.S. Department of Justice that the Division has completed its review of the merger of Tellabs and Coherent and has determined to take no further action. Consequently, Tellabs and Coherent anticipate closing their merger in early August. Coherent Communications Systems Corporation (Nasdaq: CCSC - news) designs, manufactures and markets echo cancellation and conferencing products for major international telecommunications companies, cellular and PCS providers, network operators, and Fortune 500 companies. Tellabs designs, manufactures, markets and services voice and data transport and access systems. The company's products are used worldwide by the providers of communications services. Tellabs, Inc., stock is listed on the Nasdaq Stock Market (TLAB). Good trading, Allan p