UPDATE 1-Israel's ECI Telecom may be bought for over $1 bln

(Reuters) - ECI has about 118 million shares outstanding, which would
make the deal worth $1.18 billion. Its shares closed at $8.92
on Nasdaq on Friday, up 3.8 percent.




Swarth is an investment vehicle controlled by Shaul Shani.


Read more at Reuters.com Mergers News