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CSCO - Acacia falls on report that China may approve deal this week
Cisco Systems Inc.
Acacia Communications (ACIA) fell 2.4% after Dealreporter said Chinese antitrust authorities may approve the Cisco (CSCO) acquisition as early as this week.Cisco has resolved the issues surrounding the deal, according to sources familiarThe walk date for the deal is FridayShares appear to be falling on the idea that some traders had hoped that Cisco may have to raise its bid if the deal isn't approved by the termination date