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Comtech extends offer for TeleCommunication shares

2016-01-20 04:48:28| Telecom - Topix.net

Comtech Telecommunications Inc. is extending its $5 per share tender offer for TeleCommunication Systems Inc. for the second time, the Melville company disclosed in a government filing Tuesday. The maker of communications gear used in satellite and mobile networks announced the $430.8 million deal on Nov. 22 and initially set a deadline to receive a majority of TeleCommunication Systems shares... Comtech Telecommunications Inc. is extending its $5 per share tender offer for TeleCommunication Systems Inc. for the second time, the Melville company disclosed in a government filing Tuesday.

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