Hints and tips:
...Timing strategic deals is tricky, as CommScope is finding out. Making such tough calls is what chief executives are paid for....
...Eddie Edwards, CommScope chief executive, said: “CommScope and Arris will bring together a unique set of complementary assets and capabilities that enable end-to-end wired and wireless communications infrastructure...
...A wave of junk-rated borrowers, including Michaels Stores, the chain of arts and crafts shops, and CommScope, a maker of communications cable equipment, have also included PIK structures as part of new bond...
...Carlyle Group is close to a $2.4bn deal to buy CommScope and take it private, people familiar with the matter have told NYT Dealbook — with Commscope confirming that it is in talks, Reuters reports....
...CommScope surged 30.5 per cent to $30.16....
...Cable manufacturer CommScope managed to place $1.35bn of loans last week to back its acquisition of Andrew Corp, priced at 99 cents on the dollar....
...“After careful consideration with our advisers, CommScope has decided not to pursue its proposal to acquire Andrew Corp at the present time,” CommScope said....
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