11:56 AM EST - March Networks : announced that it has entered into a definitive agreement with Infinova (Canada) Ltd. and Shenzhen Infinova Ltd., a company listed on the Shenzhen Stock Exchange, majority owned by U.S. shareholders and with U.S. headquarters in Monmouth Junction, N.J. Pursuant to the Arrangement Agreement, Infinova will acquire, through a statutory plan of arrangement, all of the issued and outstanding common shares of March Networks Corporation for $5.00 per share in cash. The total value of the transaction is approximately $90.1 million. March Networks
shares T.MN are trading down $0.10 at $4.79.
