Mitel acquisition creates £980m turnover giant

Josh Budd
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Mitel acquisition creates $1.3bn turnover giant.
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Mitel acquisition creates $1.3bn turnover giant.

Comms vendor makes third attempt to buy rival to form vendor giant

Comms vendor Mitel has acquired rival ShoreTel for $530m to create a $1.3bn (£980m) turnover giant. The deal, which consists of an all-cash transaction at a price of $7.50 per share, or a total equity...

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