MANHASSET, N.Y. — Andrew Corp. has rejected an unsolicited takeover bid from CommScope Inc. and terminated a merger agreement with ADC Telecommunications Inc., ending speculation over which ...
Give CommScope points for persistence. Back in August, the company's $1.5 billion offer for cable maker Andrew Corp. was dismissed as "wholly inadequate." A lesser suitor might have given up, but ...
Frank Drendel, CommScope's chairman and CEO, said: "Under our proposal, Andrew shareholders will receive a substantial cash premium for their shares without the significant uncertainties inherent in ...
has launched a hostile takeover bid for communications solutions provider Andrew Corporation with an offer worth $1.7 billion. CommScope (NYSE: CTV), a broadband cable manufacturer, disclosed its ...
HICKORY, N.C. — CommScope, Inc. launched a bid to acquire all of the outstanding shares of coaxial cable maker Andrew Corp. for $9.50 per share in cash. Andrew Corporation agreed in May to be acquired ...
(Crain's) -- Andrew Corp. now appears set to remain an independent company after calling off a planned merger and rebuffing a bid from a subsequent suitor. The Westchester-based cable manufacturer ...
CommScope, a maker of cable and connectivity systems for service providers, cable operators and enterprises, this week launched a $1.7 billion rival cash bid for wireless equipment vendor Andrew Corp.
WASHINGTON (MarketWatch) -- CommScope Inc. on Monday offered to buy Andrew Corp. for $1.7 billion in cash and assumed debt, potentially thwarting would-be acquirer ADC Telecom. In late May, ADC agreed ...
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