CommScope Inc. (CTV) announced that it has completed its acquisition of Andrew Corp. (ANDW) for a total purchase price of about $2.65 billion. As of today, Andrew will become a wholly-owned subsidiary of CommScope.
Andrew stockholders will receive, for each Andrew share, $13.50 in cash and 0.031543 shares of CommScope common stock.
For comments and feedback: editorial@rttnews.com