Viavi to acquire Spirent in $1.2B deal

Viavi Solutions has agreed to acquire Spirent Communications in an all-cash deal valuing Spirent at around $1.2 billion. Under the terms of the acquisition, Spirent shareholders will receive 175 pence per share—comprising 172.5 pence in cash and a 2.5 pence special dividend. This represents a premium of 61.4 percent over Spirent’s closing share price of… Read more »

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