WSJ: Mercury Systems on the block

The WSJ reports Mercury Systems (MRCY +19.2%) is in the early stages of a sale process, with initial bids about to arrive. Sources think the maker of aerospace/defense embedded computing systems could fetch $500M.

Shares soared to new 52-week highs in afternoon trading on the report. Mercury currently has a market cap of $438M.

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Comments (1)
  • kzb52k
    , contributor
    Comment (1) | Send Message
    Wondering what will be the number. I guessing 17.50 to 19.00
    20 Mar 2014, 10:10 PM Reply Like
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