Fdi approvals completed for adtran/adva business combination

Huntsville, ala.--(business wire)-- #adtran--adtran, inc. (nasdaq: adtn) today announced that it has received foreign direct investment (fdi) approval from the german ministry for economic affairs and climate action (bundesministerium fÜr wirtschaft und klimaschutz, bmwk) for the business combination transaction between adtran and adva optical networking se. with this approval, all offer conditions of the exchange offer have been met, and the transaction will now move toward closing. tom stanton, chairma
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