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Oclaro Files SEC Report Regarding Merger with Mintera

The firm has filed a report with the Securities and Exchange Commission regarding its merger with Mintera.

Oclaro filed the SEC report on 26 July 2010.

On July 20, 2010, Oclaro, a Delaware corporation entered into a Merger Agreement with Mintera Corporation and Nikko Acquisition Corp.,  an indirect wholly-owned subsidiary of Oclaro and Shareholder Representative Services LLC, as the Stockholders’ Agent.

Pursuant to the Merger Agreement, on July 21, 2010, Oclaro acquired 100% of Mintera’s outstanding capital stock. In connection with the merger, Oclaro paid $12,000,000 in cash at the effective time of the Merger, plus a revenue-based earn-out ranging from $0 to $20,000,000, payable in cash or stock at Oclaro’s option, based on the 18 month period following the effective time of the Merger.
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