Belden announces definitive agreement to divest grass valley

Belden announces definitive agreement to divest grass valley.belden inc - transaction consideration includes an upfront cash payment of $140 million.belden - deal consideration also includes various forms of deferred consideration, including a $213 million five-year seller's note.belden inc - at closing, belden will deliver business with an agreed-upon level of cash and other working capital.belden inc - to sell its live media business to black dragon capital, a private equity firm.belden - deal consideration also includes up to $130 million in pik interest on seller's note over 5-year term & $150 million in potential earn-out payments.
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