CommScope (CTV), a maker of telecommunications equipment, agreed to be purchased by private equity firm The Carlyle Group for $3.9 billion.
Under the terms of the deal, Carlyle will acquire all of the outstanding shares of CommScope common stock for $31.50 per share, cash, the companies said in a statement. That price represents a 36% premium versus the stock’s closing price at the end of last…
Continue reading CommScope Agrees to $3.9 Billion Carlyle Buyout
CommScope Agrees to $3.9 Billion Carlyle Buyout originally appeared on DailyFinance on Wed, 27 Oct 2010 08:56:00.
Filed Under: Company News, Technology, Earnings, Media