The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday.
Related Posts
Why 96% of Boeing’s Machinists Voted to Go on Strike
Workers say the plane maker’s offer of higher wages doesn’t compensate for years of concessions they have made.
China’s Top Carmaker Dominates Foreign Rivals With $14,000 Plug-In Hybrid
From tariffs to technology restrictions, global challenges are mounting for Chinese carmakers, but BYD has been unstoppable.
Novo Nordisk Launches Wegovy Weight-Loss Drug in China
The first prescription for the drug in China will reportedly be issued at a public hospital in Shanghai this week and will cost about $193 […]