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TELLABS-COHERENT MERGER APPROVED BY DOJ

LISLE, Ill.-The proposed merger of Tellabs Inc. and Coherent Communications Systems Corp. has been approved by the Antitrust Division of the U.S. Department of Justice, and the companies expect to close the deal in early August, Tellabs said.

Coherent makes echo-cancellation and conferencing products. Tellabs manufactures voice and data transport and access systems.

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