[Reuters] Belden buys privately held PPC for $515.7 million

Posted by: UGN Security

[Reuters] Belden buys privately held PPC for $515.7 million - 12/11/12 05:49 AM

(Reuters) - Cable maker Belden Inc said it bought privately held PPC, which makes connectors used in broadband and wireless services, for $515.7 million to strengthen its position in the broadcast industry.