JDS Uniphase, E-Tek Merger Under Review
The Antitrust Div. of the US Department of Justice has requested additional information and documentary material relating to the planned merger of JDS Uniphase Corp. of Nepean, Ontario, Canada, and E-Tek Dynamics Inc. of San Jose, Calif., under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The companies believe the merger will be completed in the second calendar quarter of 2000 as planned.
Under the proposed $15 billion merger, which was announced in January, E-Tek would become a wholly owned subsidiary of JDS Uniphase.
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