版本:
中国

Straight Path to be bought by Verizon

May 11 Straight Path Communications Inc said it agreed to be bought by No.1 U.S. wireless carrier Verizon Communications Inc for an enterprise value of about $3.1 billion.

The $184 per share all-stock offer represents a discount of 17.8 percent to Straight Path's close on Wednesday. The stock has surged nearly five-fold since April 7, a day before the company first received a takeover bid from AT&T Inc.

Verizon will pay, on behalf of Straight Path, a termination fee of $38 million to AT&T, the company said. (Reporting by Rishika Sadam in Bengaluru; Editing by Saumyadeb Chakrabarty)

我们的标准: 汤森路透“信任原则

更多 公司新闻(英文)

热门文章

编辑推荐

文章推荐