Tuesday, September 19, 2017

Silver Spring Networks (SSNI) Leaped To A New High After Merger

Itron Inc. (ITRI) announced Monday morning that it has agreed to acquire all outstanding shares of Silver Spring Networks Inc. (SSNI) for $16.25 per share in cash. The transaction is valued at about $830 million, net of $118 million of Silver Spring's cash.

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