Keysight to acquire Spirent for 201.5p/share. Viavi unlikely to counteroffer unless Silver Lake increases stake. Gross spread is 1.99%, estimated annual return between 1.88% and 3.51%.
What is covered in the Full Insight:
Overview of the acquisition
Details of the competing offer
Rationale behind the merger
Challenges and risks of the transaction
Financial outlook and impact
SUMMARY
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