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Viavi Solutions Inc (NASDAQ: VIAV) increased the binding proposal to acquire EXFO Inc (NASDAQ: EXFO) from $7.50 to $8.00 per share. The offer reflects EXFO’s Q3 2021 financial results in which bookings rose 47.2% year-on-year to $87 million with a book-to-bill ratio at 1.20.
...read full article on Benzinga
