CommScope (COMM) Announces 7M Common Stock Sale by Affiliate of The Carlyle Group
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CommScope (COMM) Announces 43% Increase to Secondary Stock Offering by Carlyle to 10M Shares
August 24, 2016 6:21 AM EDTCommScope Holding Company, Inc. (Nasdaq: COMM) has announced the increase in the size of the previously announced sale of shares of its common stock on an underwritten basis by an affiliate of The Carlyle Group from 7 million shares to 10 million shares. In addition, the underwriter will have an option to purchase up to 1,500,000 additional shares from Carlyle. CommScope will not receive any of the proceeds from the offering of shares by Carlyle. Closing of the offering is expected to occur on or about August 29, 2016,... More
