Airvana Being Acquired for $530 Million

Airvana Inc. (Nasdaq: AIRV), a Chelmsford, Mass.-based provider of broadband network infrastructure, has agreed to be acquired for approximately $530 million, or $7.65 cash (23% premium to yesterday's closing price). The buying consortium includes S.A.C. Private Capital Group, GSO Capital Partners, Sankaty Advisors and ZelnickMedia.

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