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Sandell Sends Letter to Viavi Solutions Inc.

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NEW YORK--(BUSINESS WIRE)--Sandell Asset Management Corp. and its affiliates (“Sandell”), the beneficial owner of approximately 12.0 million shares, or 5.1%(1), of Viavi Solutions Inc. (“Viavi” or the “Company”, and formerly JDS Uniphase Corporation) (NASDAQ:VIAV), today sent a letter to the Company’s Board of Directors (the “Board”). In the letter, Sandell outlines a number of actions it believes the Company must undertake in order to enhance value and reverse the poor governance and performan

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