Tuesday, November 14, 2006

Motorola Agrees to Buy Netopia (NTPA), But Competing Bid Could Emerge

This morning, Motorola, Inc. (NYSE: MOT) announced a deal to acquire Netopia, Inc. (Nasdaq: NTPA) for $7 per share, a healthy premium to yesterday's $5.59 close. But, according to a post at Barron's Tech Trader blog, ThinkEquity analyst Anton Wahlman thinks the price may be too low. Wahlman doesn't rule out the possibility of a competing bid.

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