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Enablence Technologies Inc.

10:20 AM EST - Enablence Technologies Inc. : announced it has signed a definitive merger agreement to acquire Teledata Networks Ltd., an Israeli corporation. Completion of the Transaction is subject to the satisfaction of certain conditions agreed upon by the parties, including obtaining the approval of the TSX Venture Exchange and Teledata shareholder approval, and satisfying other customary conditions for transactions of this nature. Enablence Technologies Inc. shares V.ENA are trading even at $0.57.