Oclaro (OCLR) is acquiring rival optical component vendor Opnext (OPXT) in an all-stock deal...
Oclaro (OCLR) is acquiring rival optical component vendor Opnext (OPXT) in an all-stock deal that values Opnext at $1.96/share, or $177M, based on today's close. Oclaro will be issuing 0.42 shares of its stock for every Opnext share outstanding. Many have speculated the optical component market is ripe for consolidation. OCLR +2.2% AH. OPXT halted. FNSR +0.9%. NPTN and JDSU could also see volatility.
From other sites
at Zacks.com (Mar 24, 2015)
Oclaro : to Demonstrate Industry's First SFP Transceiver Transmitting 28Gbps over 10km Single Mode Fiberat 4-traders.com (Mar 23, 2015)
at Zacks.com (Feb 23, 2015)
at MarketWatch.com (Sep 16, 2013)
at MarketWatch.com (Mar 7, 2013)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs