Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
A director at Straight Path Communications Inc sold 8,000 shares at 181.660USD and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the ...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (“Straight Path”) (NYSE MKT: STRP) stockholders today voted to adopt the merger agreement between Straight Path Communications Inc., Verizon Communications Inc. and Waves Merger Sub I, Inc., with 89% of the votes entitled to be cast at the special meeting of stockholders voting; and of the votes cast, approximately 99% were cast in favor of the proposal. About Straight Path Communications Inc. Straight Path (NYSE MKT: STRP) holds an extensive portfo...
WILMINGTON, Del.--(BUSINESS WIRE)-- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against Straight Path Communications Inc. (NYSE MKT: STRP) (“Straight Path Communications” or the “Company”). If you currently own shares of Straight Path Communications and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/case...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (“SPCI” or “Straight Path”) (NYSE MKT: STRP), a communications asset company, announced today operating results for its third quarter of fiscal 2017, the three months ended April 30, 2017. On May 11, 2017, subsequent to the April 30th close of FY Q3, Straight Path entered into an agreement and plan of merger with Verizon Communications Inc. (“Verizon”) pursuant to which Verizon will acquire Straight Path for $184.00 per share paid in Verizon common stock. ...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (NYSE MKT: STRP) will release results for the third quarter of its fiscal 2017 (the three months ended April 30, 2017) on Friday, June 9, 2017. Straight Path will not host an investor conference call this quarter. About Straight Path Communications Inc. (STRP) Straight Path (NYSE MKT: STRP) holds an extensive portfolio of 39 GHz and 28 GHz wireless spectrum licenses. Straight Path is developing next generation wireless technology thr...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (“Straight Path”) (NYSE MKT:STRP) announced that it will sign today a definitive merger agreement under which Verizon Communications Inc. (“Verizon”) (NASDAQ: VZ) will acquire Straight Path for $184.00 per share (reflecting an enterprise value of approximately $3.1 billion) in an all-stock transaction that is intended to qualify as a tax-free reorganization. Concurrently therewith, Verizon will pay on behalf of Straight Path a termination fee of $38 million to AT&T. ...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (“Straight Path”) (NYSE MKT:STRP) announced today that the Straight Path Board of Directors (the “Straight Path Board”) determined that a revised offer from a multi-national telecommunications company (the “Bidder”) to acquire 100% of the issued and outstanding shares of Straight Path for $184.00 per share (reflecting an enterprise value of approximately $3.1 billion), which will be paid in Bidder stock in an all-stock transaction constitutes a “Superior Proposal” as...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (“Straight Path”) (NYSE MKT:STRP) announced today that the Straight Path Board of Directors (the “Straight Path Board”) determined that a revised offer from a multi-national telecommunications company (the “Bidder”) to acquire 100% of the issued and outstanding shares of Straight Path for $135.96 per share (reflecting an enterprise value of approximately $2.3 billion), which will be paid in Bidder stock in an all-stock transaction constitutes a “Superior Proposal” as...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (“Straight Path”) (NYSE MKT: STRP) announced today that the Straight Path Board of Directors (the “Straight Path Board”) determined that an unsolicited offer from a multi-national telecommunications company (the “Bidder”) to acquire 100% of the issued and outstanding shares of Straight Path for $104.64 per share (reflecting an enterprise value of $1.8 billion), which will be paid in Bidder stock in an all-stock transaction constitutes a “Superior Proposal” as defined...
NEW YORK--(BUSINESS WIRE)-- Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Straight Path Communications Inc. (NYSE MKT: STRP) stockholders concerning the proposed acquisition of the company by AT&T Inc. (NYSE: T). The investigation concerns whether Straight Path’s board of directors failed to adequately shop the company and obtain the best possible value for Straight Path stockholders before entering into a definitive merger agreement with AT&T. Under the terms of the agreement, Straight Path ...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Straight Path Communications Inc. (NYSE MKT: STRP) (“Straight Path” or the “Company”) relating to the proposed buyout of Straight Path by AT&T. Under the terms of the agreement, Straight Path shareholders are anticipated to receive $95.63 in AT&T stock for each share of Straight ...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Straight Path Communications Inc. (NYSE MKT: STRP)? Did you purchase any of your shares prior to April 10, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Straight Path Communications Inc. (“Straight Path” or the “Company”...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Straight Path Communications Inc. (NYSEMKT:STRP) stock prior to April 10, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Straight Path to AT&T (NYSE:T) for $95.63 in AT&T stock for each share of Straight Path stock. To learn more about the action and your rights, go to: http://zlk.9nl.com...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Straight Path Communications Inc. (NYSE MKT: STRP) (“Straight Path” or the “Company”) relating to the proposed buyout of Straight Path by AT&T. Under the terms of the agreement, Straight Path shareholders are anticipated to receive $95.63 in AT&T stock for each share of Straight ...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Straight Path Communications Inc. (NYSE MKT: STRP)? Did you purchase any of your shares prior to April 10, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Straight Path Communications Inc. (“Straight Path” or the “Company”...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Today, Straight Path Communications Inc. (NYSE MKT: STRP) and AT&T (NYSE: T) announced the signing of a definitive merger agreement under which AT&T is to acquire Straight Path for $95.63 per share in an all-stock merger intended to qualify as a tax-free reorganization. Straight Path is one of the largest holders of 28 GHz and 39 GHz millimeter wave spectrum. The transaction, which was approved by the Board of Directors of both companies, brings Straight Path’s previously announced strategic alternat...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (“SPCI”) (NYSE MKT: STRP), a communications asset company, announced today operating results for its second quarter of fiscal 2017, the three months ended January 31, 2017. Straight Path holds an extensive portfolio of 39 GHz and LMDS wireless spectrum licenses with deep coverage across the entire United States, is developing next generation wireless technology, and owns an intellectual property portfolio focused on communications over computer networks. ...
GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (NYSE MKT: STRP) will release results for the second quarter of its fiscal 2017 (the three months ended January 31, 2017) on Friday, March 10, 2017. Straight Path will host a conference call on March 10, 2017 at 4:15pm ET, featuring remarks by Davidi Jonas, CEO and Jonathan Rand, CFO, to review the company’s business strategy, financial results, and outlook. The conference call will be available via webcast by accessing the Investors s...
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