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

Tyco Electronics Terminates Voting Agreement
Jun 2000
CHARLTON, Mass., June 8 -- Tyco Electronics Corp., and FiberCore Inc. have signed a contract in which Tyco will convert nearly $2.46 million into 3.4 million in FiberCore common stock. The contract called for Tyco to change all of its convertible notes and debt instruments of FiberCore to FiberCore common stock. Tyco has also given up its shareholder voting agreement in return for a two-year standstill agreement. The language of the agreement allows for future sales support arrangements and for the possibility of a technology exchange between FiberCore and Tyco.

News & Features

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

Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media
x We deliver – right to your inbox. Subscribe FREE to our newsletters.