CommScope (COMM) Says Carlyle Group Affiliate to Sell 10M Shares
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CommScope Announces Sale of 10 Million Shares of Common Stock by Affiliate of The Carlyle Group
September 20, 2016 4:42 PM EDTHICKORY, N.C.--(BUSINESS WIRE)-- CommScope Holding Company, Inc. (NASDAQ: COMM) has announced the sale of 10 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 1,500,000 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 September 26, 2016, subject to customary closing conditions.
Credit Suisse Securities (USA) LLC is acting as the sole underwriter... More
