Deals
CommScope to Go Private in $3.9 Billion Carlyle Deal
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CommScope Inc. agreed to be taken private in a $3.9 billion acquisition by the leveraged-buyout firm Carlyle Group, the biggest takeover in the telecommunications-equipment industry in at least two years.
The purchase values CommScope at $31.50 per share in cash, the companies said in a statement. That’s about 36 percent more than the closing price on Oct. 22, the last trading day before CommScope said it was in talks to be acquired by Washington-based Carlyle.