Mercury Computer Systems (MRCY) To Buy Micronetics (NOIZ) For $14.80/Share, 97.6 Pct Premium
Posted on June 11, 2012 at 08:02 AM EDT
Mercury Computer Systems Inc. (NASDAQ:MRCY), a digital signal and image processing systems and software maker, has agreed to buy microwave and radio frequency (RF) components maker Micronetics Inc. (NASDAQ:NOIZ) for $14.80 per share. Following the news, the shares of NOIZ jumped 92.26% in premarket. [More...]
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