Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

  • US Asks JDS Uniphase and SDL for More Information
Aug 2000
NEPEAN, Ontario, Canada, Aug. 25 -- JDS Uniphase Corp. and SDL Inc. will comply with the US Justice Department's request for more data concerning the companies' pending merger. The request, issued under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, was made late yesterday.
The merger agreement between JDS Uniphase and SDL, which entails the trade-off of 3.8 shares of JDS Uniphase common stock for each common share of SDL, was made in July of this year. The merger is subject to the approval of SDL and JDS Uniphase stockholders, US and Canadian regulatory approvals and other customary closing conditions.
The Justice Department's request is not unusual in mergers involving new, rapidly changing technologies, said JDS Uniphase. The two companies still hope to finalize the merger by the original deadline set for the fourth quarter of this year.

Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2016 Photonics Media
x We deliver – right to your inbox. Subscribe FREE to our newsletters.