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Fly News Breaks for May 27, 2015
CIEN, JNPR, ERIC
May 27, 2015 | 14:28 EDT
Citigroup said that after speaking with Ericsson (ERIC) it does not believe there has been any change to the company's stance on M&A, despite a Bloomberg report to the contrary. The firm said it continues to think, as it has stated multiple times in the past, that neither Ciena (CIEN) nor Juniper (JNPR) are likely to be acquired by Ericsson.
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