February 1, 2018 / 9:15 PM / 7 months ago

BRIEF-Viavi To Acquire Cobham Avcomm And Wireless Test And Measurement Businesses

Feb 1 (Reuters) - Viavi Solutions Inc:

* VIAVI TO ACQUIRE COBHAM AVCOMM AND WIRELESS TEST AND MEASUREMENT BUSINESSES

* VIAVI SOLUTIONS INC - DEAL FOR $455 MILLION

* VIAVI SOLUTIONS INC - DEAL FOR $455 MILLION CASH CONSIDERATION

* VIAVI SOLUTIONS INC - ACQUISITION HAS BEEN APPROVED BY BOARD OF DIRECTORS OF EACH COMPANY

* VIAVI SOLUTIONS - DEAL EXPECTED TO BE MEANINGFULLY ACCRETIVE TO VIAVI'S FREE CASH FLOW AND NON-GAAP EARNINGS PER SHARE AND MONETIZE NET OPERATING LOSSES Source text for Eikon: Further company coverage:

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