Spirent accepts £1bn takeover offer from US rival Viavi, shares rise 60%
Shares in British telecoms company Spirent Communications jumped 60% after it accepted a £1 billion takeover bid from a US rival, the latest takeover of a British company by a foreign company. Arizona-based Viavi Solutions, which manufactures, tests and monitors network equipment, will pay 172.5p in cash and a special dividend of 2.5p per Spirent … Read more