Belden Inc. and Cable Design Technologies Corp. have set July 15 as the date for Belden's annual shareholder meeting and CDT's special shareholder meeting.
The merger of the two companies, which was announced in February, requires the approval of shareholders of both companies. If approved, the merger will take place upon the close of business on the shareholder meeting date, or within one or two business days after the meetings.
Additionally, CDT's registration statement on form S-4 was declared effective by the SEC on June 3. The registration statement includes the joint proxy statement and merger prospectus for Belden and CDT. The companies will commence the mailing of proxy materials to shareholders as soon as possible so that shareholders may vote on the merger and other matters.
The companies received notice in March from the Federal Trade Commission of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with their proposed merger. Other regulatory filings have been completed and waiting periods have expired without comment.
The combined company, to be called Belden CDT Inc., expects to continue to trade on the New York Stock Exchange under the new ticker symbol BDC. Belden CDT will be among the largest U.S.-based manufacturers of high-speed electronic copper cable and will focus on products for the specialty electronics and data networking markets, including connectivity.
Stockholders of Belden and CDT are urged to read the definitive joint proxy statement-prospectus filed with the SEC and the other relevant materials relating to the proposed transaction before voting or making any investment decision with respect to the proposed transaction because these materials contain important information about Belden, CDT and the proposed transaction. The definitive joint proxy statement-prospectus will be sent to the stockholders of Belden and CDT seeking their approval of the proposed transaction.
Stockholders may obtain a free copy of these materials and other documents filed by Belden or CDT with the SEC at the SEC's website at www.sec.gov. A free copy of the joint proxy statement-prospectus may also be obtained from CDT at 1901 North Roselle Road, Schaumburg, IL 60195, or from Belden at 7701 Forsyth Boulevard, Suite 800, St. Louis, MO 63105. In addition, stockholders may access copies of the documents filed with the SEC by Belden on Belden's website at
www.belden.com and stockholders may access copies of the documents filed with the SEC by CDT on CDT's website at www.cdtc.com.
