Carlyle Takes CommScope Private in $3.9 Billion Deal
The Carlyle Group is acquiring CommScope, a maker of infrastructure products for wireless carriers, in a $3.9 billion deal. The Washington, D.C.-based private equity firm will pay $31.50 per share for the Hickory, N.C.-based company, a 36% premium over CommScope’s closing price Friday, the last day of trading before buyout negotiations were announced. The deal is expected to close during the first quarter of 2011.
Bycnolan
27 October 2010•7 mins read
