B. Riley Downgrades Xura, Inc (MESG) to Neutral

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Go back to B. Riley Downgrades Xura, Inc (MESG) to Neutral

Xura Announces Agreement to be Acquired by Affiliates of Siris Capital Group for $25.00 per share in an All-Cash Deal Valued at Approximately $643 million

May 23, 2016 8:10 AM EDT

Xura shareholders to receive $25.00 per share in cashAcquisition provides immediate stockholder value and supports Xuras transformation growth strategy to be the leader in digital communications solutions for Communication Service Providers (CSPs)Enables further investment, expansion and development of digital communication and monetization services

WAKEFIELD, Mass., May 23, 2016 (GLOBE NEWSWIRE) -- Xura, Inc., (NASDAQ: MESG), a leading... More