Reported 6 days ago
CommScope is divesting its broadband and cable equipment unit to Amphenol for $10.5 billion to reduce debt. Joby Aviation plans to acquire Blade's helicopter rideshare business for up to $125 million as it expands its electric air taxi service. Meanwhile, Wayfair's stock surges following better-than-expected second quarter results, indicating a potential recovery in the furniture market.
Source: YAHOO