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Stock Market & Financial Investment News

News Breaks
November 29, 2012
16:14 EDTMITLMitel reports Q2 EPS 25c, consensus 15c
Reports revenue $145.5M, consensus $142.47M.
News For MITL From The Last 14 Days
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November 18, 2014
07:27 EDTMITLShoreTel weakness on Mitel dropped bid a buying opportunity, says Stephens
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05:09 EDTMITLShoreTel issues statement regarding Mitel withdrawal
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November 17, 2014
12:04 EDTMITLShoreTel falls after Mitel withdraws acquisition proposal
Earlier today, Mitel (MITL) announced that it has withdrawn its proposal to acquire all outstanding shares of ShoreTel (SHOR) common stock. The decision to terminate the proposal early was made in light of the repeated refusal of ShoreTel's board of directors to engage in discussions of any kind regarding a potential transaction. Shares of ShoreTel are lower by over 9% to $7.43 while Mitel is up fractionally in midday trading.

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