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CommScope shareholders approve Carlyle Group merger

CommScope Inc. stockholders this week voted to approve the proposed merger with an affiliate of The Carlyle Group.


January 5, 2011  


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CommScope Inc. stockholders this week voted to approve the proposed merger with an affiliate of The Carlyle Group.

Holders of 74% of CommScope’s total outstanding shares of common stock voted in favour of the move.

Upon consummation of the merger, CommScope stockholders will receive US$31.50 in cash for each share of CommScope common stock. The transaction is subject to certain remaining customary closing conditions and regulatory approvals and is expected to close this quarter.