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JDS FITEL, Uniphase Shareholders Approve Merger

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NEPEAN, Ontario, Canada, July 1 -- JDS FITEL Inc. and Uniphase Corp. have announced that their respective shareholders have voted overwhelmingly in favor of the proposed merger that will form JDS Uniphase Corp. At the Uniphase meeting, shareholders approved proposals to change the company's name to JDS Uniphase, to double the number of authorized shares of common stock from 100 million to 200 million, and to increase the number of shares of common stock available under the employee stock purchase plan from 1 million to 2.5 million. The merger is expected to be complete by early July, and is...Read full article

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    Published: July 1999
    News & Features

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