Mergers & Acquisitions
Jan. 27, 2004
Two 'Last Mile' Technology Companies Plan to Merge
Aided by Pillsbury Winthrop, Petaluma-based Advanced Fibre Communications Inc. has signed a $240 million deal to buy a unit of Marconi Communications Inc.
Under the agreement, Advanced Fibre will gain the employees and other assets of Bedford, Texas-based North American Access. The buyer announced the deal Jan. 5.
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