---
schema_version: "secwatch.filing_event.v1"
accession: "0000912093-24-000038"
form_type: "8-K"
ticker: "VIAV"
cik: "0000912093"
company_name: "VIAVI SOLUTIONS INC."
filed_at: "2024-05-24T23:59:59+00:00"
generated_at: "2026-06-01T08:59:08.793608+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Viavi's offer to acquire Spirent lapses after competing Keysight bid; deal terminated

## Summary
- Viavi Bidco's offer of £1.75/share (175 pence) for Spirent has lapsed as scheme meetings not held by deadline.
- Spirent board withdrew recommendation on March 28 after Keysight offered £2.015/share (201.5 pence).
- Co-operation Agreement terminated; related financing arrangements also cancelled.
- Viavi sought to acquire Spirent for 172.5p cash plus 2.5p special dividend per share.

## SEC filing metadata
- accession: 0000912093-24-000038
- form_type: 8-K
- ticker: VIAV
- cik: 0000912093
- company_name: VIAVI SOLUTIONS INC.
- filed_at: 2024-05-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912093/000091209324000038/0000912093-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912093/000091209324000038/viav-20240523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912093-24-000038
- JSON: https://secwatch.observer/filing/0000912093-24-000038.json
- Plain text: https://secwatch.observer/filing/0000912093-24-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.