Close

Search

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

US Asks JDS Uniphase and SDL for More Information

Photonics.com
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.

News & Features

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.