Huntsville-based Adtran has settled an exchange offer with German optical networking firm ADVA. Adtran will be a direct subsidiary of the new entity, Adtran Holdings Inc., which will own a 65% majority of ADVA. Shares in Adtran Holdings began trading Friday on NASDAQ and on the Frankfurt Stock Exchange. “The effectiveness of the agreement is…
Adtran Holdings completes deal with German ADVA
Headquarters to remain in Huntsville, with European HQ in Munich
