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Telecom components maker Anaren to be bought by Veritas Capital

04
Nov
2013

(Reuters) – Telecom components maker Anaren Inc said it would be bought by a fund run by private equity investor Veritas Capital for about $381 million in cash. The price of $28 per share is a premium of 12.4 percent over Anaren’s close of $24.91 on Friday. The company’s shares were at $27.78 in early trading on Monday. Anaren, which makes microwave components for wireless, space and defense electronics providers, counts Raytheon Co, Lockheed Martin Corp and Northrop Grumman Corp as its largest customers. …

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