JDSU sets split date
JDSU (NASDAQ: JDSU) says its re-formation into Viavi Solutions and Lumentum Holdings Inc. will occur August 1, 2015. The Communications and Commercial Optical Products (CCOP) business segment will split off as a separate public company on that date, and the special dividend distribution of approximately 80.1% of Lumentum's common stock to JDSU shareholders will take place on August 3, the first trading day after the split.