Ahead of a long weekend in the United States for the Independence Day holiday, Belden announced that it has completed the sale of its Grass Valley subsidiary to Black Dragon Capital.

The transaction is complicated. We are revising our analysis based on the most recent information received, and we will post updates to this page when they are available.   

For those parties interested in a review of the background of the transaction, please refer to a podcast we published prior to the announcement that the deal had been completed.