Tyco Electronics to Acquire ADC, Creating a World Leader in Broadband Connectivity
ENP Newswire 2010, July 16
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Publisher Description
ENPNewswire-16 July 2010-Tyco Electronics to Acquire ADC, Creating a World Leader in Broadband Connectivity(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 13072010 - SCHAFFHAUSEN, Switzerland and EDEN PRAIRIE, Minn. - Tyco Electronics (NYSE: TEL) and ADC (Nasdaq: ADCT) announced today a definitive agreement under which Tyco Electronics will acquire ADC for $12.75 per share in cash, or an enterprise value of approximately $1.25 billion.
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