Airspan Networks Completes Acquisition of ArelNet.

Business WireJune 16, 2005

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Airspan Networks Completes Acquisition of ArelNet.

BOCA RATON, Fla. -- Airspan Networks, Inc. (Nasdaq:AIRN) announced today that it has completed the acquisition of all of the outstanding shares of ArelNet Ltd (TASE:ARNT) for $8.7 million. In accordance with the definitive purchase agreement signed by the companies on March...

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