News Wire

EU OKs Tyco’s ADC Buy

SCHAFFHAUSEN, Switzerland — Tyco Electronics Ltd. (NYSE: TEL) announced today that it has received merger control clearance from the European Commission for its proposed acquisition of ADC Telecommunications, Inc. (Nasdaq: ADCT).

This clearance satisfies the condition of the tender offer related to European Union regulatory approval. Tyco Electronics' tender offer for shares of ADC is scheduled to expire at 5:00 p.m., New York City time on Wednesday, Dec. 8, 2010.

{complink 5844|Tyco Electronics Ltd.}

0 comments on “EU OKs Tyco’s ADC Buy

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.