RARE ALERT: Sierra Wireless said to ... - Part 4
Sierra Wireless, the Canada-listed 'internet of things' designer, is rumoured to be back in talks with Aim-listed Telit Communications about a combination of the two businesses.
People following the situation have heard talk Sierra Wireless has made a fresh approach to Telit's board following Dbay Advisors's attempt to buy the London-listed business for 206p a share.
Speculation is mounting Sierra Wireless has indicated it is interested in all-share merger that would value Telit at around 297p a share, said people following the situation...
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