DSP Communications stock slides after merger is announced

Pate, Kelly; Smithberg, Kristen
November 1996
RCR;11/4/96, Vol. 15 Issue 44, p45
Trade Publication
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.


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