TITLE

DSP Communications stock slides after merger is announced

AUTHOR(S)
Pate, Kelly; Smithberg, Kristen
PUB. DATE
November 1996
SOURCE
RCR;11/4/96, Vol. 15 Issue 44, p45
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that after DSP Communications Incorporated announced its merger with Proxim Inc., on October 29, 1996, its stock dropped 49 percent to close at $35.25 on the Nasdaq stock exchange. Performance of Proxim's stock; Reason for the merger; Benefits of the merger to Proxim's stockholders; Information on the companies.
ACCESSION #
9612041039

 

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