SMT, PCB Electronics Industry News

Tyco Electronics Extends Tender Offer for ADC

Aug 24, 2010

SCHAFFHAUSEN, Switzerland - Tyco Electronics (NYSE: TEL) announced today that it has extended the expiration of its tender offer to purchase all of the outstanding common shares of ADC (Nasdaq: ADCT), at a price of $12.75 per share in cash, to midnight, New York City time on Monday, September 20, 2010. All other terms and conditions of the tender offer remain unchanged.

As of midnight on August 23, 2010, approximately 84,002,564 common shares of ADC (including 9,737,460 common shares of ADC guaranteed to be delivered within the next three NASDAQ trading days) had been tendered and not withdrawn pursuant to the tender offer, representing approximately 86.57 percent of the outstanding common shares of ADC.

Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, specialty products and subsea communication systems, with fiscal 2009 sales of US$10.3 billion to customers in more than 150 countries. We design, manufacture and market products for customers in a broad array of industries including automotive; data communication systems and consumer electronics; telecommunications; aerospace, defense and marine; medical; energy; and lighting. With approximately 7,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/

Jan 18, 2011 -

Tyco Electronics (TE) Launches New Corporate Responsibility Program and Report

Dec 09, 2010 -

Tyco Electronics Completes Acquisition of ADC

Dec 03, 2010 -

Tyco Electronics Plans Name Change to TE Connectivity Ltd.

Oct 30, 2010 -

Tyco Electronics Reports Strong Fiscal Fourth Quarter and Full Year 2010 Results

Sep 02, 2010 -

Tyco Electronics to Present at the Citi Global Technology Conference

Aug 28, 2010 -

Tyco Electronics Announces Record and Payment Dates for Fiscal 2010 Fourth Quarter Dividend of $0.16

Jul 16, 2010 -

Tyco Electronics to Acquire ADC, Creating a World Leader in Broadband Connectivity

Jun 30, 2010 -

Tyco Electronics to Report Fiscal Third Quarter Results on July 22, 2010

May 11, 2010 -

Tyco Electronics Announces Record and Payment Dates for Fiscal 2010 Third Quarter Dividend of $0.16

Apr 23, 2010 -

Tyco Electronics Donates US$150,000 (1 Million RMB) to China Earthquake Relief Effort

56 more news from TE Connectivity »

Apr 19, 2018 -

ULT LLC cooperates with GulfTech

Apr 18, 2018 -

MicroCare Presents its Latest Advancements in Cleaning at SMT Hybrid Packaging

Apr 18, 2018 -

SMTA Europe's Harsh Environments Conference Session 6 to Focus on Automotive Electronics

Apr 18, 2018 -

IPC Hand Soldering Competition Winner Crowned at Global Industrie/Midest 2018 in Paris

Apr 18, 2018 -

Koh Young Presenting on 3D Technologies at SMTA Rocky Mountain Chapter Technical Session

Apr 17, 2018 -

International Conference for Electronics Enabling Technologies (ICEET) Program Finalized

Apr 17, 2018 -

Seika Announces Plans for Optimized Drying Units to be Incorporated into all McDry Cabinets

Apr 17, 2018 -

Libra Industries Sponsors SMTA Ohio Valley Membership Appreciation Golf Outing

Apr 17, 2018 -

Preview for AdoptSMT for SMT 2018, Stand A4-458 We keep your production running -

Apr 17, 2018 -

cost saving SMT laser cut stencil

See electronics manufacturing industry news »

Tyco Electronics Extends Tender Offer for ADC news release has been viewed 1239 times

PCB Assembly Equipment Auctions

Plasma prior Conformal Coating