JDSU split

As JDS Uniphase prepares to split into two companies, it is facing pushback from an activist hedge fund shareholder on its plan for the split as well as some of its basic governance rules. Sandell Asset Management has been publicly prodding …

JDSU has announced plans to separate its business into two separate, publicly traded companies: one that focuses on network and service enablement, optical security and performance; and a second that consists of JDSU’s commercial laser and optical products business. Neither …