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Technology Stocks : MITEL (MLT)

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To: JakeStraw who wrote (1727)	4/25/2019 3:43:18 PM
From: Sr K	Read Replies (1) of 1730

WSJ 4/25/2019 Mitel Offers to Combine With Avaya in Stock Deal Worth More Than $2 Billion Private-equity firms also have expressed interest in the telecommunications-equipment maker By Updated April 25, 2019 1:38 p.m. ET Telecommunications-equipment maker Avaya Holdings Corp. is in talks to combine with rival Mitel Networks Corp. in a stock deal worth more than $2 billion, people familiar with the matter said. Closely held Mitel is offering about $20 to $22 a share for Avaya, according to the people, or between roughly $2.2 billion and $2.4 billion. That would represent a slight premium to the Santa Clara, Calif., company’s recent stock price of just over $20.

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