EMS Technologies Deal Lifts Networking ETF
June 13, 2011 at 12:19 PM EDT
A networking exchange traded fund rose on Monday thanks in part to a more than 30% rally in EMS Technologies (NasdaqGS: ELMG) after the company said it has agreed to be acquired by Honeywell (NYSE: HON) for nearly $500 million in cash. EMS is a roughly 3% component in PowerShares Dynamic Networking...