Straight Path

Straight Path Communications Inc (NYSE: STRP), a holder of an extensive portfolio of 39 GHz and 28 GHz wireless spectrum license and developer of next generation wireless technology, confirmed Thursday morning it has agreed to be acquired by Verizon Communications Inc. (NYSE: VZ) in a deal which...

Shares of Straight Path Communications Inc (NYSE: STRP) soared higher by more than 60 percent Thursday morning after the company announced it reached a settlement with the U.S. Federal Communications Commission. Straight Path Communications, one of the largest holders of flexible mobile and...