AT&T to Acquire Straight Path for $95.63-Share In Stock Deal
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
T US (AT&T Inc)
STRP US (Straight Path Communications Inc)
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UUID: 7947283
(Bloomberg) -- AT&T to acquire Straight Path for $95.63 per share in an all-stock merger intended to qualify as a tax-free reorganization.
- Transaction has a total value of $1.6b which includes liabilities
- $95.63 is a 162% premium to Friday’s close
- Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)
Tickers
T US (AT&T Inc)
STRP US (Straight Path Communications Inc)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283