- Combined company would be a clear leader in the broadcast market for networking, connectivity, and cable solutions;
- The acquisition increases the percentage of Belden’s revenue from networking and connectivity products from 30% to 36%;
- All-cash offer provides immediate value for Miranda shareholders; and
- Offer is not subject to any financing contingency.
Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission-critical applications, today announced it has entered into a definitive agreement (“Support Agreement”) to make an all-cash offer to acquire Miranda Technologies Inc. (TSX: MT) for C$17.00 per share (“Offer”). Highlights