Viavi Solutions Up 11% on News of Spirent Purchase, Silver Lake Investment [MarketWatch]
SPIRENT COMMUNS PLC S/ADR (SPMYY)
NASDAQ:AMEX Investor Relations:
corporate.spirent.com/investors
Company Research
Source: MarketWatch
The stock was recently at $10.82 and is up about 7% this year. Advertisement Viavi, which provides network test, monitoring and assurance products, agreed to a $400 million investment from private-equity firm Silver Lake in connection with the acquisition. Viavi expects the purchase of Spirent to enhance its product diversification and engineering capabilities and expects U.S. net operating losses will lower the blended non-GAAP tax rate for the combined company. Write to Josh Beckerman at josh.beckerman@wsj.com
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News
- Form 8.3 - [SPIRENT COMMUNICATIONS PLC] - 23 04 2024 - (CGAML) [Yahoo! Finance]SPIRENT COMMUNICATIONS PLC
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- Form 8.3 - AXA INVESTMENT MANAGERS: SPIRENT COMMUNICATIONS PLC [Yahoo! Finance]Yahoo! Finance
- Form 8.3 - [SPIRENT COMMUNICATIONS PLC - 02 04 2024] - (CGAML) [Yahoo! Finance]SPIRENT COMMUNICATIONS PLC - 02 04 2024