Carrier Access (CACS) Higher On Takeover Speculation
Shares of Carrier Access Corp. (Nasdaq: CACS) are higher today on speculation the company could be the target of a takeover bid.
According to reports from LightReading.com, sources said founder and former CEO, Roger Koenig, confirmed that the company has received multiple takeover offers in the $5-$6 range. Link
Carrier Access is up over 6% today.
According to reports from LightReading.com, sources said founder and former CEO, Roger Koenig, confirmed that the company has received multiple takeover offers in the $5-$6 range. Link
Carrier Access is up over 6% today.
You May Also Be Interested In
- Amylin (AMLN) Shares Jump as Bids Due Today, Sanofi (SNY), Merck (MRK) Said to Make First-Round Bids
- Chesapeake (CHK) Shares Surge Amid Report Icahn Now 'Major' Holder
- CVR Energy (CVI) Hires Jefferies for Sale Process
Create E-mail Alert Related Categories
RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
