CommScope (COMM) Announces 43% Increase to Secondary Stock Offering by Carlyle to 10M Shares
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CommScope Announces Increase in the Size of Previously Announced Sale of Common Stock by Affiliate of The Carlyle Group from 7 Million Shares to 10 Million Shares
August 23, 2016 8:19 PM EDTHICKORY, N.C.--(BUSINESS WIRE)-- CommScope 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, subject to customary closing conditions.... More
CommScope Announces Sale of 7 Million Shares of Common Stock by Affiliate of The Carlyle Group
August 23, 2016 4:15 PM EDTHICKORY, N.C.--(BUSINESS WIRE)-- CommScope Holding Company, Inc. (NASDAQ: COMM) has announced the sale of 7 million shares of its common stock on an underwritten basis by an affiliate of The Carlyle Group. In addition, the underwriter will have an option to purchase up to 1,050,000 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, subject to customary closing conditions.
Credit Suisse Securities (USA) LLC is acting as the sole underwriter... More
