Brink's Home Security Holdings, Inc (NYSE:CFL) surges 32.05% to $41.49 on 6.08 million shares after Tyco International Ltd. and Broadview Security announced a definitive agreement for Tyco to acquire Broadview Security. Following the closing of the transaction, Tyco intends to combine Broadview with Tyco's ADT security business. The cash and stock transaction is valued at $42.50 per share or approximately $2.0 billion. The transaction has been unanimously approved by the Board of Directors of each company.
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PFSweb, Inc. (NASDAQ:
Netlist, Inc. (NASDAQ:NLST) increases 9.21% to $5.10. The stock hit an intraday high and an intraday low of $5.30 and $4.97 respectively. In the last six months the stock went up over 1357%. Netlist, Inc., designs, manufactures and sells memory subsystems primarily for the server, high-performance computing and communications markets. The Company’s memory subsystems consist of dynamic random access memory integrated circuits (
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