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Meru quiet period ends May 9

May 4, 2010

Meru Networks, which provides wireless LAN solutions to small and large enterprises, will see its quiet period end on Sunday, May 9th. On March 30th, the company raised $66 million by offering 4.4 million shares at $15, at high end of the range of $13-$15. BofA Merrill Lynch acted as lead manager on the deal.