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JDS Uniphase Receives Clearance for SDL Merger

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San Jose, Calif., Feb. 7 -- JDS Uniphase Corp. and SDL Inc. announced that the US Department of Justice would permit the merger between the companies in light of JDS Uniphase's agreement to sell its Zurich subsidiary to Nortel Networks. The merger now remains subject only to the approval of JDS Uniphase and SDL stockholders, pursuant to stockholder meetings set for February 12, and the closing of the sale of the Zurich subsidiary to Nortel Networks. JDS Uniphase and SDL expect to close the merger shortly after obtaining the required stockholder approvals.     Nortel Networks will acquire JDS...Read full article

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    Published: February 2001
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