Viavi to Acquire Spirent in $1.2B Deal Driving Network Test Growth
Viavi Solutions has agreed to acquire Spirent Communications in an all-cash transaction that values Spirent at approximately $1.2 billion. Under the terms of the deal, Spirent shareholders will receive 175 pence per share, consisting of 172.5 pence in cash and a 2.5 pence special dividend. This offer represents a 61.4% premium over Spirent’s closing share … Read more