Tyco Electronics Extends Tender Offer for ADC

Tyco Electronics TEL announced today that it has extended the expiration of its tender offer to purchase all of the outstanding common shares of ADC ADCT, at a price of $12.75 per share in cash, to midnight, New York City time on Monday, September 20, 2010. All other terms and conditions of the tender offer remain unchanged. As of midnight on August 23, 2010, approximately 84,002,564 common shares of ADC (including 9,737,460 common shares of ADC guaranteed to be delivered within the next three NASDAQ trading days) had been tendered and not withdrawn pursuant to the tender offer, representing approximately 86.57 percent of the outstanding common shares of ADC.
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