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 JDS Uniphase (JDSU) to acquire SDL (SDLI)


   *  Amount:         $41 billion


   *  Terms:            3.8 million shares

   *  Premium:        90%


   *  Industry:        Speed/Bandwidth


   *  Scorecard:      B+


    SAN JOSE, July 10--JDS Uniphase and SDL, Inc. announced their definitive agreement to merge in a transaction valued at approximately $41 billion. The merger agreement provides for the exchange of 3.8 shares of JDS Uniphase common stock for each common share of SDL. The merger of JDS Uniphase and SDL is expected to facilitate the creation and deployment of high-capacity, flexible optical networks by accelerating the delivery of advanced products and basic building blocks of optical networks.