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Benzinga
Benzinga
Business
Adam Eckert

FORGOTTEN HISTORY: Why resonant shares are soaring today - The Untold Story

Resonant Murata

Resonant Inc (NASDAQ:RESN) is soaring Tuesday morning after the company announced it will be acquired by Murata for $4.50 per share in cash.

Resonant is working on transforming the way radio frequency front-ends are being designed and delivered for mobile handset and wireless devices. The business combination will allow both companies to expand their offerings and to access additional markets and customers.

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