UPDATE 1-ADC to acquire cable supplier from GenTek

Newswire

(Adds analyst comments, updates stock action, adds byline) By Ben Klayman CHICAGO, March 25 (Reuters) - ADC Telecommunications Inc. , a maker of communications equipment, on Thursday said it has agreed to acquire a supplier of copper and fiber cables and other products for about $350 million in cash and assumed liabilities. Minneapolis-based ADC said it expects the deal to buy Krone Group from GenTek Inc. , a maker of telecom and other industrial products, is expected to close by the ...

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