Markets & Finance

Ciena to Acquire ONI Systems


Optical networking equipment maker Ciena (CIEN) says it will acquire ONI Systems (ONIS) in a deal valued at about $900 million. Terms: 0.7104 CIEN share per ONIS share. (2/19)

Sabre Holdings (TSG) plans to make a $23 per share cash tender offer for all shares of Travelocity.com (TVLY) that it does not already own. Sabre Holdings currently has about 70% stake. (2/19)

Cytyc Corp. (CYTC) agrees to acquire Digene Corp. (DIGE) for $28.81 per share, or about $554 million in cash and stock. (2/19)

Xcel Energy (XEL) has agreed to buy the rest of NRG Energy (NRG) that it doesn't own. Xcel Energy currently owns 74% of NRG. Terms: 0.4846 XEL share per NRG share. (2/15)

Some industry pros believe if Viacom's Sumner Redstone doesn't acquire WMS Industries (WMS) soon, Aristocrat Leisure may beat him to it: BusinessWeek. (2/15)


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