Needham & Company Downgrades Mavenir Systems (MVNR) to Hold Amid Takeover
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Imperial Capital Downgrades Mavenir Systems (MVNR) to In-Line Amid Takeover
March 4, 2015 10:47 AM ESTImperial Capital downgraded Mavenir Systems (NYSE: MVNR) from Outperform to In-Line with a price target of $18.00 after the company recent agreed to be acquired by Mitel.
For an analyst ratings summary and ratings history on Mavenir Systems... More
Deutsche Bank Downgrades Mavenir Systems (MVNR) to Hold
March 3, 2015 7:09 AM ESTDeutsche Bank downgraded Mavenir Systems (NYSE: MVNR) from Buy to Hold with a price target of $18 (unchanged).
Analyst Brian Modoff said, "MITL will commence an exchange offer, in which MVNR holders could elect to receive either all-cash or all-stock consideration for each... More
Mitel Networks (MITL) to Acquire Mavenir (MVNR) in ~$560M Deal
March 2, 2015 6:10 AM ESTMitel Networks (NASDAQ: MITL) and Mavenir Systems (NYSE: MVNR), a leading provider of software-based networking solutions for mobile carriers, today announced that they have entered into a definitive merger agreement in which Mitel will acquire all of the outstanding shares of Mavenir common stock in a cash and stock deal valued at approximately $560 million. Under the terms of the merger agreement, Mitel will commence an exchange offer pursuant to which Mavenir stockholders will be entitled to elect to receive either all-cash or all-stock consideration for each... More
