(Reuters) - HELSINKI/NEW YORK, July 23 - Shares of Tellabs Inc. surged 19 percent on Monday after a financial news Web site reported the U.S. telecommunications equipment maker was entertaining a $7 billion bid by a joint venture of Nokia Oyj and Siemens AG .
TheStreet.com said Nokia Siemens Networks [NSN.UL] was offering about $16 to $17 a share for Tellabs, citing a source familiar with the deal.
Read more at Reuters.com Mergers News
TheStreet.com said Nokia Siemens Networks [NSN.UL] was offering about $16 to $17 a share for Tellabs, citing a source familiar with the deal.
Read more at Reuters.com Mergers News
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