Mitel Networks to acquire ShoreTel for $7.50 per shareStaff Writer | July 27, 2017
Mitel will acquire 100% of the outstanding shares of ShoreTel common stock in an all-cash transaction at a price of $7.50 per share.
Acquisition $7.50 per share
The purchase price represents a 28% premium to ShoreTel’s closing share price on July 26, 2017. ■