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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST
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To: signist who wrote (19700)3/21/2000 9:05:00 PM
From: signist  Read Replies (1) of 42804
 
JDS Uniphase's $18.6 Billion E-Tek Takeover
Gets U.S. Scrutiny, People Say
By James Rowley

JDS Uniphase's E-Tek Buy Gets U.S. Review,
People Say (Update6)

(Closes stock prices in sixth paragraph, adds in
seventh
paragraph that spread widens, adds Justice
Department comment.)

Washington, March 21 (Bloomberg) -- U.S.
antitrust enforcers
are questioning whether JDS Uniphase Corp.'s
proposed $19.7
billion acquisition of E-Tek Dynamics Inc. would
hurt competition
in the expanding market for fiber-optic
components, say a customer
and people familiar with the government's review.

Justice Department lawyers have interviewed
customers of E-
Tek and JDS Uniphase, the world's largest maker
of fiber-optic
equipment parts, to determine whether the
combined company would
gain market power to raise prices on components
that boost the

quote.bloomberg.com
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