Viavi’s improved offer is once more dismissed by Exfo

The drama never stops in the crazy world of telecoms test and measurement, with US outfit Viavi persisting with its unsolicited bids for Canadian rival Exfo.
Viavi has chucked $8 per share onto the table, having had its previous offer of $7.50 thrown back in its face a month ago. On the other side of the negotiating table sits Germain Lamonde, who owns 51% of Exfo’s shares and pretty much all of those that confer decision-making power. He wants to take the company private and has offered t