Betaville Intelligence

RARE ALERT: Lantronix Inc said to ...

Wednesday, 6 January 2021, 2:40 pm

Lantronix, the US-listed 'internet of things' designer, is said to have teamed up with a financial sponsor with a view to submitting a fresh takeover approach for Aim-listed rival Telit Communications.

People following the situation said Lantronix and its advisers recently indicated it could be willing to offer up to 220p a share in cash for Telit to the company and its advisers at NM Rothschild...

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Tags: Lantronix

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