CommScope (CTV), a maker of telecommunications equipment, said that private-equity firm Carlyle Group is in talks to buy the company for about $3 billion.
If the deal goes through, Carlyle would acquire all of CommScope’s outstanding stock for $31.50 a share in cash, Bloomberg News said. That would represent a premium of 36% over CommScope’s closing price on Oct. 22.
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Continue reading CommScope in Talks With Carlyle Group About $3 Billion Sale
CommScope in Talks With Carlyle Group About $3 Billion Sale originally appeared on DailyFinance on Mon, 25 Oct 2010 08:29:00.
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