SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (1974)1/24/2001 8:10:17 PM
From: Connor26  Respond to of 5732
 
UPDATE 2-JDS Uniphase delays SDL takeover again
(Updates with details of SDL results, Corning results. In U.S. dollars, unless noted)

By Susan Taylor

OTTAWA, Jan 24 (Reuters) - JDS Uniphase Corp. (NASDAQ:JDSU) (T.TSE:JDU), the world's No. 1 supplier of fiber-optic components for telecoms networks, pushed back the closing date for its $22.3 billion acquisition of SDL Inc. (NASDAQ:SDLI) again on Wednesday because of ongoing U.S. antitrust concerns.

The two companies, which had previously delayed a shareholders' vote on the deal from December until Jan. 26, have now rescheduled the vote for Feb. 12.