BRIEF-Casa Systems Co,Some Units Entered Into Asset Purchase Agreement With Lumine Providing For Sale And Purchase Of Debtors' Cloud/Ran Apa Assets

Reuters04-04

April 3 (Reuters) - Casa Systems Inc :

* CASA SYSTEMS: CO,SOME UNITS ENTERED INTO ASSET PURCHASE AGREEMENT WITH LUMINE PROVIDING FOR SALE AND PURCHASE OF DEBTORS' CLOUD/RAN APA ASSETS

* CASA SYSTEMS: LUMINE AGREED TO PURCHASE TRANSFERRED ASSETS AND ASSUME ASSUMED LIABILITIES FROM CO, SOME UNITS FOR $15 MILLION

* CASA SYSTEMS: CO, SOME UNITS GOT INTO "STALKING HORSE" ASSET PURCHASE DEAL WITH VECIMA

* CASA SYSTEMS: "STALKING HORSE" ASSET PURCHASE AGREEMENT FOR SALE AND PURCHASE OF SOME ASSETS RELATED TO DEBTORS' CABLE AND BROADBAND BUSINESS UNITS

* CASA SYSTEMS: VECIMA AGREED TO ACQUIRE TRANSFERRED ASSETS AND ASSUME ASSUMED LIABILITIES FROM CO, SOME UNITS FOR $20 MILLION

* CASA SYSTEMS INC: WILL CONTINUE TO OPERATE ITS BUSINESS AS A "DEBTOR IN POSSESSION" UNDER JURISDICTION OF BANKRUPTCY COURT

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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