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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tellabs, Inc. (MM) | NASDAQ:TLAB | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.44 | 0 | 01:00:00 |
Among the companies with shares expected to actively trade in Monday's session is Leap Wireless International Inc. (LEAP).
AT&T Inc. (T) has agreed to buy much smaller rival Leap Wireless for about $1.2 billion in cash, in a move aimed at shoring up the telecom giant's access to the airwaves it needs to offer mobile service. The deal values Leap shares at $15 each, a roughly 88% premium to the company's closing price Friday. Shares more than doubled to $17.27 after hours.
Watchlist:
Rally Software Development Corp. (RALY) and its venture capital backers are offering $70 million in stock, taking advantage of a jump in the business software maker's share price since its April IPO. Rally said it is offering the shares, in part, to increase its public float, which stands at just 39% of the shares outstanding, according to FactSet.
Starboard Value LP, the activist hedge fund that owns a big stake in Smithfield Foods Inc. (SFD), is hiring advisers to help press its case for a different deal for the pork producer than one already agreed to with China's Shuanghui International Holdings Ltd. (SIHL.YY), according to a report from The Wall Street Journal.
Tellabs Inc. (TLAB) has named Lawrence A. Rieger as its acting chief financial officer.
Write to Nathalie Tadena at nathalie.tadena@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Tellabs, Inc. (MM) Chart |
1 Month Tellabs, Inc. (MM) Chart |
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