Viavi Mulls Reviving Counter Bid for Spirent: Stock to Gain?

Per a Reuters report, Viavi Solutions Inc. (VIAV) is mulling to revive its counterbid for acquiring Spirent Communications plc (SPMYY) if Keysight Technologies, Inc. (KEYS) fails to get the requisite regulator approval for the buyout. The proceedings are reportedly at a nascent stage, and company spokespersons of all the related firms have declined to comment on the turn of events. VIAV-SPMYY Deal: A Flashback In March 2024, Viavi inked an agreement to acquire Spirent for approximately $1.3 billion, with Sp ...