Miranda Technologies Soars on Sale to Belden
Miranda Technologies Inc. (MT) jumped the
most since the company was publicly listed in 2005 after the
Montreal-based maker of broadcasting equipment agreed to be
bought by competitor Belden (BDC) Inc.
Miranda jumped 64 percent to close at C$16.87 in Toronto,
its biggest increase since the company was listed on Dec. 8,
2005. That was short of the C$17 a share buyout price offered by
Belden. Miranda closed at C$10.25 yesterday, below its initial
public Read more [...]