Starent Networks Corp. (STAR) announced that its shareholders have approved the adoption of the merger agreement with Cisco Systems Inc. (CSCO) and Starent Networks Corp., dated Oct. 12, 2009, providing for the acquisition of Starent by Cisco.
Under the terms of the merger agreement, Starent shareholders will receive $35.00 in cash for each outstanding Starent share, following the closing of the merger.
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