CommScope (COMM) Announces Carlyle Group Affiliate to Sell Remaining Stake
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CommScope Announces Sale of Remaining Shares of Common Stock Held by Affiliate of The Carlyle Group
November 10, 2016 4:49 PM ESTHICKORY, N.C.--(BUSINESS WIRE)-- CommScope Holding Company, Inc. (NASDAQ: COMM) has announced the sale of 19,716,970 shares of its common stock on an underwritten basis by an affiliate of The Carlyle Group. 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 November 16, 2016, subject to customary closing conditions.
Morgan Stanley and Jefferies are acting as the joint book-running managers for the offering. Morgan Stanley and Jefferies propose to offer the shares of common stock... More
