The Traderszone Network

Published in TZ Latest News 24 May, 2017 by The TZ Newswire Staff

Verizon Wins the Battle for Straight Path. Will It Win the War for 5G?

Only a little more than a month ago, Straight Path Communications (NYSEMKT: STRP) stock was at $36 per share. Last week, however, Verizon (NYSE: VZ) agreed to buy the company in an all-stock deal for $184, a whopping 404% premium to where the little-known, nine-employee company was trading on April 7.

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