Ceragon Networks chairman buys 475,863 shares for 12.1% total stake in the company

By Lisa Kerner

Charlotte, N.C., Nov. 24 - Ceragon Networks Ltd.'s chairman of the board Zohar Zisapel bought 475,863 shares of the company's stock between Nov. 12 and Nov. 21 priced from $4.54 to $5.00 each.

The transactions were reported in a schedule 13D filed with the Securities and Exchange Commission.

Zisapel beneficially owns approximately 4.44 million shares or 12.1% of the Tel Aviv, Israel-based company's outstanding stock.

Ceragon designs, develops, manufactures, and sells point-to-point wireless backhaul solutions.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.