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Finkelstein Thompson LLP Announces Investigation of CommScope, Inc.

  //science-technology.news-articles.net/content/2 .. lp-announces-investigation-of-commscope-inc.html
  Published in Science and Technology on Wednesday, October 27th 2010 at 16:55 GMT by Market Wire
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WASHINGTON--([ BUSINESS WIRE ])--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of CommScope, Inc. (aCommScopea or the aCompanya) (NYSE: CTV) concerning the proposed sale of the Company to The Carlyle Group for $31.50 per share in cash. The total transaction is valued at approximately $3.9 billion, and is expected to close in the first quarter of 2011.

The investigation is focused on the potential unfairness of the transaction price to CommScope shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among CommScope Board members. Indeed, the Companya™s stock traded as high as $34.95 on April 30, and according to Yahoo! Finance, at least one analyst has set a target price of $36 for the Companya™s shares.

If you are interested in discussing your rights as a CommScope shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at [ contact@finkelsteinthompson.com ].

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at [ www.finkelsteinthompson.com ]. Attorney advertising. Prior results do not guarantee similar outcomes.