On June 17, Carlton Communications, owner of Technicolor, announced that it has entered into a merger agreement to acquire Nimbus CD International, one of the world's largest independent manufacturers of optical discs, including CD-Audio, DVD, DVD-ROM, and CD-ROM.According to the announcement, Carlton plans to expand the business alongside Technicolor, which currently produces 650 million videocassettes and 40 million CDs a year, and which expects to triple DVD capacity to 15 million units a year.
Following the agreement, Carlton will make a cash-tender offer of $11.50 per share for…