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Sonus Networks Inc completes acquisition of Performance Technologies Inc

Wednesday, 19 Feb 2014 07:00am EST 

Sonus Networks Inc:Completes its acquisition of Performance Technologies Inc (PT).As previously announced on Dec. 13, 2013, Sonus and PT entered into a definitive merger agreement.Under which Sonus would acquire PT for $3.75 per share in cash, or about $34 million, net of PT's cash and excluding acquisition-related costs. 

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