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Straight Path shares sink after Verizon is unveiled as victor in bidding war

Connectivity BusinessbyConnectivity Business
May 11, 2017
in Investments, Space Services
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US telecoms startup Straight Path has unmasked Verizon as the victor in its takeover bidding war with rival AT&T in an all-stock deal amounting to an estimated US$3.1bn. Straight Path’s stock has been thrust into the stratosphere since… US telecoms startup Straight Path (NYSE:STRP) has unmasked Verizon (NASDAQ:VZ) as the victor in its takeover bidding war with rival AT&T (NYSE:T) in an all-stock deal amounting to an estimated […]

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Tags: AT&TDebevoise & PlimptonEvercoreGotshal & MangesNorth AmericaPremiumStraight Path CommunicationsTF256VerizonWells Fargo
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