Mid-Day Market Movers (GIW, CTV, MTSL, VALU)

Wilber Corporation GIW jumped 51.00% to $9.09 at 10:24 am. Community Bank System Inc CBU has announced its plans to acquire GIW for $101.8 million or $9.50 per share. CommScope Inc CTV climbed 29.37% to $29.91. CTV is in talks with Carlyle Group about being taken private for $2.98 billion or $31.50 per share in cash, representing a 36% premium to CTV's closing price on Friday. MER Telemanagement Solutions Ltd MTSL shares surged 21.84% to $2.12. MTSL's quarterly earnings jumped 111.35% y/y. Value Line Inc VALU shares advanced 20.24% to $17.29. The Board of Directors of VALU has declared a special dividend of $2.00 per share, payable on November 12 to the shareholders, as of record on November 1. Read more from Benzinga's Markets.
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Posted In: Long IdeasNewsDividendsM&AIntraday UpdateMarketsMoversTrading IdeasCommunications EquipmentConsumer DiscretionaryFinancialsInformation TechnologyMid-Day Market MoversPublishingRegional Banks
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