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Mitel Hits 52-Week High, as Searchlight Buys

Mitel Networks Corporation (T.MNW) hit a new 52-week high of $14.51 Tuesday. Mitel has signed a definitive arrangement agreement to be acquired by an investor group led by affiliates of Searchlight Capital Partners, L.P. in an all-cash transaction valued at approximately $2.0 billion, including Mitel’s net debt. Under the terms of the agreement, to be completed pursuant to a plan of arrangement, upon completion Mitel shareholders will receive $11.15 per common share in cash

Baytex Energy Corp. (T.BTE) hit a new 52-week high of $5.34 Tuesday. No news announcements today

Canfor Pulp Products Inc. (T.CFX) hit a new 52-week high of $17.70 Tuesday. No news announcements today

XPEL Technologies Corp. (V.DAP.U) hit a new 52-week high of $2.20 Tuesday. No news announcements today

BRP Inc. (T.DOO) hit a new 52-week high of $55.40 Tuesday. No news announcements today

Gran Tierra Energy Inc. (T.GTE) hit a new 52-week high of $4.13 Tuesday. No news announcements today

The Intertain Group Limited (T.ITX) hit a new 52-week high of $16.36 Tuesday. No news announcements today

Norbord Inc. (T.OSB) hit a new 52-week high of $54.49 Tuesday. No news announcements today

Parex Resources Inc. (T.PXT) hit a new 52-week high of $21.71 Tuesday. No news announcements today

Suncor Energy Inc. (T.SU) hit a new 52-week high of $49.24 Tuesday. No news announcements today