Shares in Hughes Telematics, Inc. (OTC: HUTC) penny stock are set to soar today after Verizon Communications Inc. (NYSE: VZ) announced that it will acquire the company for $12.00 per share in cash, a total of $612 million. HUTC stock closed at $4.35 in the last trading session and is currently set top open at 3.73% above the 50 day ...
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