(Reuters) - NEW YORK, June 5 - Avaya Inc. agreed to pay up to $250 million to private equity firms TPG Capital and Silver Lake if Avaya, the telecommunications equipment maker, backs out of their acquisition deal, though analysts said Tuesday that a counterbid is not likely to emerge.
The $8.2 billion offer, announced on Monday, is expected to be completed in the fall of 2007, subject to approval by shareholders and regulators.
Read more at Reuters.com Bonds News
The $8.2 billion offer, announced on Monday, is expected to be completed in the fall of 2007, subject to approval by shareholders and regulators.
Read more at Reuters.com Bonds News
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