- 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.
Carlyle unloads 19.7M shares of CommScope, rest of its holdings
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Symbol | Last Price | % Chg |
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COMM | - | - |
CommScope Holding Company, Inc. |