T&B sells VDV business for $78 million

Thomas & Betts (TNB), Memphis, Tenn., has sold its Communications Products Business to Belden Inc. (BDC), St. Louis, for $78 million in cash. The sale includes T&B's Snap-N-Seal drop connectors; LRC hardline connectors; Diamond hardware and grounding products; and telecom enclosures and connectors, including the Kold-N-Klose enclosure system. Details