Law Office of Brodsky & Smith, LLC Announces Investigation of CommScope, Inc.
BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of CommScope, Inc. (aCommScopea or the aCompanya) (NYSE:CTV) relating to the proposed acquisition by The Carlyle Group (aCarlylea).
Under the terms of the offer, CommScope shareholders would receive cash of $31.50 for each share of CommScope stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law. The transaction appears to be unfair, in part, given that CommScope stock was trading at $32.68 a share as recently as May 3, 2010 and an analyst set a price target for CommScope stock at $36.00 per share.
If you own shares of CommScope and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ], visiting [ http://brodsky-smith.com/241-ctv-commscope-inc.html ], or by calling toll free 877-LEGAL-90.