Reuters – Vintage Capital Offers to Buy Anaren

Investment firm Vintage Capital Group LLC offered to buy Anaren Inc for $23 per share in a deal that values the telecommunication components maker at about $300 million. The offer represents a premium of 17 percent to Anaren's Monday close of $19.61 on the Nasdaq. Anaren shares rose 10 percent in extended trading. Vintage Capital holds 12.8 percent in East Syracuse, New York-based Anaren.

16 April 2013•1 min read
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