KOREA'S DASAN NETWORKS TO BE SOLD TO SIEMENS. (29-MAR-04) AsiaPulse News

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KOREA'S DASAN NETWORKS TO BE SOLD TO SIEMENS.

Publication: AsiaPulse News

Publication Date: 29-MAR-04

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SEOUL, March 29 Asia Pulse - South Korea's Dasan Networks, Inc., (KSE:039560), a network equipment manufacturer, said it will be acquired by Germany's Siemens.

Dasan said it will sell 5.5 million shares of its common stock issued through a rights offering and CEO Nam Min-woo's holding of 500,000 shares...

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