By: Benzinga
February 26, 2013 at 16:25 PM EST
Meru Networks Announces Proposed Public Offering of Common Stock
Meru Networks (NASDAQ: MERU ) today announced that it commenced a public offering of its common stock. Meru expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering solely to cover overallotments, if
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