CMTL News and Press, Comtech Telecommunications Corp. From 11/02/21

Acquisition Offer. Yesterday, Acacia Research (NASDAQ:ACTG) made an unsolicited and nonbinding offer to acquire Comtech for $790 million in cash, or $30 per share. The offer price is a 39% premium to Comtech's closing share price on Friday. CMTL shares jumped 26% to close at $27.20 on the news...

Gainers: Comtech Telecommunications (NASDAQ:CMTL) +24%. Desktop Metal (NYSE:DM) +22%. Vuzix Corporation (NASDAQ:VUZI) +20%. Mogo (NASDAQ:MOGO) +13%. ON Semiconductor Corporation (NASDAQ:ON) +12%. Losers: NextPlay Technologies (NASDAQ:NXTP) -32%. A10 Networks (NYSE:ATEN) -19%. Bit Di...

November 1, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today confirmed receipt of an unsolicited, non-binding proposal from Acacia Research Corporation (NASDAQ: ACTG). Comtech’s Board of Directors is evaluating the proposal in consultation with independent adv...

Comtech Telecommunications (NASDAQ:CMTL) jumped 23% in premarket trading on a report that Acacia Research (NASDAQ:ACTG) made a $30/share offer for the company. The bid represents a 39% premium to Comtech's closing share price on Friday, according to a Reuters report. There's no cert...

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PISCATAWAY, N.J., Oct. 28, 2021 (GLOBE NEWSWIRE) -- The Digital IF Interoperability Consortium (DIFI), the independent space industry group formed to advance interoperability in satellite and ground system networks, today announced the addition of three new members, including commercial com...

$100 Million Investment. Private Equity firms White Hat Capital and Magnetar Capital are investing $100 million into Comtech through the purchase of convertible preferred stock. The investment is a significant endorsement of Comtech's business, in our view. Strategic Growth Investment. Accordi...

October 18, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal year 2022, it launched a new cybersecurity bra...

Investment Enhances Comtech’s Financial Flexibility and Accelerates Its Strategic Initiatives in Satellite Ground Station Infrastructure and Next-Generation Public Safety Solutions October 18, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading globa...

October 13, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded $4.6 million of funding f...