Wireless Telecom Group shares are trading higher after the company announced its sale to Maury Microwave, Inc. Shareholders will receive $2.13 per share.
Portfolio Pulse from Benzinga Newsdesk
Wireless Telecom Group (WTT) announced its sale to Maury Microwave, Inc., with shareholders receiving $2.13 per share. This news has led to an increase in WTT's stock price.
May 25, 2023 | 3:22 pm
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Wireless Telecom Group's stock price is trading higher after announcing its sale to Maury Microwave, Inc. for $2.13 per share.
The acquisition announcement has a direct impact on WTT's stock price, as shareholders will receive $2.13 per share. This news is highly relevant and important for WTT investors, leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100