Belden, CDT announce next milestone in merger plan
April 7, 2004 - Federal Trade Commission allows for early termination of waiting period in connection with proposed merger.
Belden Inc. and Cable Design Technologies Corp. announced that they have received notice 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.
The merger remains subject to various closing conditions, including approval by the stockholders of both Belden and CDT and other regulatory approvals. The proposed merger was announced on Feb. 5, and the companies expect the merger to be completed during the second calendar quarter of this year. The combined company will be called Belden CDT Inc.
On March 24, CDT filed a registration statement with the SEC on Form S-4 that includes a preliminary joint proxy statement/prospectus of Belden and CDT and other relevant materials regarding the proposed merger transaction.
The definitive joint proxy statement/prospectus will be sent to the stockholders of Belden and CDT seeking their approval of the proposed transaction.
Belden (www.belden.com), based in St. Louis, MO, manufactures cables and components. Cable Design Technologies Corp., based in Schaumburg, IL, manufactures high-bandwidth network connectivity products used in computer interconnect, switching and wireless applications. For more information visit