As "Go-Shop" Period Ends, CommScope Sticks with Carlyle

Communications cable maker CommScope will stick with a $2.9 billion buyout offer from The Carlyle Group, after a “go-shop” period ended without a superior offer from another buyer, Reuters reported. On Oct 27, Carlyle offered to buy CommScope for $31.50 a share in cash. CommScope is based in Hickory, North Carolina.

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