Aviat networks revises proposal to acquire ceragon networks to $3.08 per share

Increased consideration would include $2.80 per share in cash and $0.28 in equity consideration of aviat stock, providing a premium of 47% to closing price of ceragon shares on june 27, 2022 combination of cash and equity consideration provides balance of immediate and long-term value, allowing shareholders of both aviat and ceragon to benefit from the considerable value creation potential of the combined company new website valueforceragon.com provides information about what's at stake and the slate of highly qualified independent directors who will ensure ceragon pursues opportunities to create value austin, texas , aug. 2, 2022 /prnewswire/ -- aviat networks, inc. (nasdaq: avnw) ("aviat"), the leading expert in wireless transport solutions, today announced it has submitted a revised nonbinding proposal ("revised proposal") to acquire all the outstanding shares of ceragon networks ltd. (nasdaq: crnt) ("ceragon") to the ceragon board.
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