CommScope Takeover
On October 27, 2010, CommScope, Inc. (NYSE: CTV) announced that it has entered in to a definitive merger agreement to be acquired by The Carlyle Group for $31.50 per share in cash, or $3.9 billion.
The transaction is expected to close in the first quarter of 2011.
Allen & Company LLC is serving as financial advisor and Gibson, Dunn & Crutcher LLP is serving as legal advisor to CommScope in connection with the transaction. J.P. Morgan is serving as financial advisor to Carlyle, and Alston & Bird LLP and Latham & Watkins LLP are serving as Carlyle’s legal advisors
The transaction is expected to close in the first quarter of 2011.
Allen & Company LLC is serving as financial advisor and Gibson, Dunn & Crutcher LLP is serving as legal advisor to CommScope in connection with the transaction. J.P. Morgan is serving as financial advisor to Carlyle, and Alston & Bird LLP and Latham & Watkins LLP are serving as Carlyle’s legal advisors
After-Hours Stock Movers 3/24: (SONC) (RLD) (MDVN) Higher; (AI) (COMM) (JRCC) (PFSI) Lower (more...)