Internet Business News, "Harmonic plans to buy back its common stock through modified 'Dutch Auction'."

INTERNET BUSINESS NEWS-(C)1995-2013 M2 COMMUNICATIONS

Harmonic (NASDAQ: HLIT) said it plans to launch a modified “Dutch Auction” tender offer to purchase up to 16m shares of its common stock at a price per share not less than USD5.75 and not greater than USD6.25.