PE Firms Buying Tollgrade Cable Products Line

Tollgrade Communications Inc. (Nasdaq: TLGD) has agreed to sell the assets of its cable status monitoring product line to an investor group that includes The Hawthorne Group and Rosetta Capital. The deal is valued at $3.15 million, including $2.75 million in cash and $0.4 million in a seller-held note payable over two years.

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