Comtech Telecommunications (CMTL) will purchase CPI International (CPII) in a cash and stock...

|About: Comtech Telecommunications ... (CMTL)|By:, SA News Editor

Comtech Telecommunications (CMTL) will purchase CPI International (CPII) in a cash and stock deal valued at $472M. The offer of $16.40 a share represents a 26% premium to CPI's Friday closing price. (PR)