Motorola continues Next Level pursuit
Feb 21, 2003 12:00 PM
Motorola Inc. announced that is has extended its offer to buy Next Level Communications Inc.’s remaining shares – which amount to 26 percent of the company.
Motorola, which owns 74 percent of Next Level, said it would buy outstanding shares at a price of $1.04 a share until March 4. Originally, the offer was set to end Feb. 25.
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