Sandell Issues Open Letter to the Shareholders of JDS Uniphase

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Go back to Sandell Issues Open Letter to the Shareholders of JDS Uniphase

Sandell Issues Open Letter to JDS Uniphase (JDSU) Shareholders

April 16, 2015 9:38 AM EDT

Sandell Asset Management Corp., a shareholder of JDS Uniphase Corporation (NASDAQ: JDSU), issued the following public letter to the shareholders of JDSU.

Dear Fellow Shareholders:

For some time we have been seeking to see increased value delivered to the shareholders of JDSU, who have suffered several years of under-performance, missed expectations, and broken promises at the hands of the Companys existing management team and Board of Directors (the Board). While the proposed spin-off of the Companys CCOP business was a positive development, we and many other investors, in addition to numerous... More