Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com

Legal News

CommScope to Acquire Andrew Corp. for $2.6 Billion

Date: 06/27/07

CommScope, Inc. (NYSE: CTV) and Andrew Corporation (Nasdaq: ANDW) announced that the companies have entered into a definitive agreement, unanimously approved by their respective Boards of Directors, under which CommScope will acquire all of the outstanding shares of Andrew for $15.00 per share, at least 90 percent in cash, creating a global leader in infrastructure solutions for communications networks. The transaction is valued at approximately $2.6 billion.

Cahill is representing Bank of America and Wachovia in connection with a $2.55 billion secured senior credit facilities to CommScope Corporation to finance the acquisition of Andrew Corporation.
Media Contact:
Lynn Tellefsen
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
ltellefsen@cahill.com