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Carlyle unloads 19.7M shares of CommScope, rest of its holdings

Nov. 10, 2016 5:23 PM ETCommScope Holding Company, Inc. (COMM) StockBy: Jason Aycock, SA News Editor
  • CommScope (NASDAQ:COMM +1.3%) has announced the sale of nearly 19.72M shares of its common stock by the Carlyle Group.
  • That marks the rest of Carlyle's stake, after gradual sales earlier this year, in August and September, of about 10M shares each.
  • CommScope is off 1.2% after hours; as with the other divestments, it won't see any proceeds from the sale, which is set to close about Nov. 16.
  • Morgan Stanley and Jefferies are joint book-running managers.

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CommScope Holding Company, Inc.