Seeking Alpha

A consortium led by Siris Capital Group agrees to acquire TNS (TNS), a provider of data...

A consortium led by Siris Capital Group agrees to acquire TNS (TNS), a provider of data communications and interoperability technology, in a deal valued at $862M including debt. Siris is offering $21/share in cash, representing a 44% premium over TNS's closing price of $14.56 yesterday. TNS may solicit acquisition proposals from third parties for a 30-day "go-shop" period. TNS +44% to $21.02 premarket. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|