01.04.2014 14:01:51

Belden Completes Grass Valley Acquisition - Quick Facts

(RTTNews) - Belden Inc. (BDC), a provider of signal transmission solutions for mission critical applications, Tuesday said it has completed the acquisition of Grass Valley, a broadcasting company.

As a result of this transaction, on an adjusted basis, Belden expects earnings per share of about $0.20 in 2014 and $0.50 in 2015.

Belden said the Grass Valley acquisition would help it to simplify the purchase and management of complex infrastructures and would give a significant opportunity in the application of the Belden Business System, including LEAN enterprise techniques and the Market Delivery System.

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Belden CDT Inc. 111,00 0,91% Belden CDT Inc.