Market Overview

LoJack Corporation (LOJN) Jumps as CalAmp Buys

Share:


LoJack Corporation (NASDAQ: LOJN) shares rose 19.6% to $6.41 as CalAmp Corp. announced plans to acquire LoJack for $6.45 per share in cash, in a deal valued at around $134 million. Share volume was 3.2 million, dwarfing an all-day average of 59,000