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Short Take: Ascend and Cascade antitrust waiting period expires

Ascend Communications and Cascade Communications will proceed with their proposed merger of Cascade and an Ascend subsidiary following the termination of the antitrust waiting period. The companies expect to complete the merger by June 30.

Ascend Communications and Cascade Communications will proceed with their proposed merger of Cascade and an Ascend subsidiary following the termination of the antitrust waiting period. The companies expect to complete the merger by June 30.