All Penny News: Shares of CYLU Pop over 25% on Merger News

Mississauga, ON -- (SBWIRE) -- 08/08/2017 -- Media, Inc. ( announces its latest article titled "Shares of CYLU Pop Over 25% On Merger News."

Companies mentioned in this article include Cyalume Technologies Holdings, Inc. (OTCQB:CYLU).

Article Excerpt:

Shares of Cyalume Technologies Holdings, Inc. (OTCQB:CYLU) are soaring today on news that the company is signing a definitive agreement and plan of merger, pursuant to which Cyalume will be acquired by an affiliate of Arsenal Capital Partners in an all-cash transaction, valued at $45 million.

Zivi Nedivi, Cyalume President and CEO, commented "We are very pleased to announce this transaction with Arsenal, as we believe it affords us the opportunity to both deliver a return to many of our various stake holders that have supported Cyalume over the past several years and positions the Company for continued growth and future success."

The full version of this article can be found at:

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