Is Jds Uniphase Bonkers?
It's another deal for the record books. On July 10, JDS Uniphase Corp., a maker of esoteric components such as lasers used in fiber-optic networks, with sales of $1.4 billion, agreed to pay a staggering $41 billion in stock for SDL Inc., a rival optical-parts maker, whose 1999 sales were just $187 million.
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