Andrew Acquisition Is Finalized

Andrew is now part of CommScope.
Publish date:

Andrew is now part of CommScope.

The deal, announced earlier, has been completed. The purchase price was $2.65 billion.

The chairman/CEO of CommScope, Frank M. Drendel, said the acquisition will enhance the communication infrastructure company’s position in offering “last-mile” solutions.

Andrew stockholders receive, for each Andrew share, $13.50 in cash and 0.031543 shares of CommScope common stock.