June 5, 2007 / 7:14 AM / 11 years ago

Avaya enters into merger agreement with Silver Lake and TPG Capital

Co announces that it has entered into a definitive merger agreement with Silver Lake and TPG Capital for approx $8.2 bln or $17.50 per common share. Under the terms of the agreement, Avaya shareholders will receive $17.50 in cash for each share of Avaya common held. 

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