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Straight Path Communications Inc. (STRP) Create: Alert

All | News | Filings
Date FiledTypeDescription
05/11/2017 8-K Acquisition/merger/asset purchase announced
Docs: "MERGER AGREEMENT",
"Verizon to Enter into Definitive Agreement to Acquire Straight Path Communications for $184.00 per Share in All Stock Deal; Straight Path Communications to Terminate Definitive Agreement with AT&T Glen Allen, VA – – Straight Path Communications Inc. announced that it will sign today a definitive merger agreement under which Verizon Communications Inc. will acquire Straight Path for $184.00 per share in an all-stock transaction that is intended to qualify as a tax-free reorganization. Concurrently therewith, Verizon will pay on behalf of Straight Path a termination fee of $38 million to AT&T. The transaction has been approved by the boards of directors of both Straight Path and Verizon. Straight Path also announced that it will terminate the previously announced definitive agreement and p..."
04/13/2017 8-K Form 8-K - Current report

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