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Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of CommScope, Inc. in Connection With the Pote


//science-technology.news-articles.net/content/2 .. f-commscope-inc-in-connection-with-the-pote.html
Published in Science and Technology on by Market Wire   Print publication without navigation


BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of CommScope, Inc. (aCommScopea or the aCompanya) (NYSE:CTV) related to the potential sale of the Company to The Carlyle Group. The proposed going-private transaction is valued at approximately $3 billion.

On October 25, 2010, CommScope issued a statement confirming the terms of the potential agreement, under which The Carlyle Group would acquire all of the outstanding shares of CommScope common stock for $31.50 per share in cash if the proposed transaction is completed. The investigation concerns possible breaches of fiduciary duty and other violations of law related to consideration of The Carlyle Groupa™s proposal by CommScopea™s board of directors.

If you are a shareholder of CommScope, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].


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