This excerpt taken from the CSCO 8-K filed Mar 2, 2006.
Item 2.01. Completion of Acquisition or Disposition of Assets.
On February 24, 2006, pursuant to a definitive merger agreement dated November 18, 2005 (the Merger Agreement) by and among the Company, Scientific-Atlanta and a wholly-owned subsidiary of the Company (Merger Sub), Merger Sub merged with Scientific-Atlanta, which became a wholly-owned subsidiary of the Company (the Merger). Pursuant to the terms of the Merger Agreement, the Company paid a cash amount of $43.00 per share for each outstanding share of Scientific-Atlanta common stock. In addition, the Company assumed Scientific-Atlantas stock options which were outstanding immediately prior to the effective time of the Merger.
The foregoing description of the Merger Agreement (including the description of the consideration paid in connection with the Merger) is qualified in its entirety by reference to the Merger Agreement, a copy of which is filed as Exhibit 2.1 to this report and incorporated by reference herein.