Ciena (CIEN) to Acquire Cyan (CYNI) in $400M Deal –

Ciena (CIEN) to Acquire Cyan (CYNI) in $400M Deal
This exchange ratio represents $4.75 per share of Cyan common stock, based on Ciena’s 20-day volume weighted average price as of May 1, 2015. Based on the structure of the transaction, Cyan’s outstanding warrants will be deemed to have been …
Cyan Announces Pending Acquisition by Ciena; Releases First Quarter 2015 Virtual-Strategy Magazine (press release)

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