Belden (BDC) acquires broadband-connectivity specialist PPC for $515.7M in a deal that will add...

|About: Belden Inc. (BDC)|By:, SA News Editor

Belden (BDC) acquires broadband-connectivity specialist PPC for $515.7M in a deal that will add $0.54 to Belden's 2013 adjusted EPS. PPC will help Belden's customers provide higher bandwidth and better services while reducing service calls. The acquisition follows Belden last month agreeing to sell its Raydex military/aerospace cable ops to Carlisle for $265M. Belden will hold its investor day this afternoon. (PR)