Printer Friendly
The Free Library
19,595,263 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Andrew Shareholders Approve Acquisition By CommScope.


WESTCHESTER Westchester is the name of some places in the United States of America:
  • Westchester, Los Angeles, California
  • Westchester, Florida
  • Westchester, Illinois
  • Westchester County, New York
  • The Westchester, a shopping mall in White Plains, New York
, Ill. -- Shareholders of Andrew Corporation Andrew Corporation is an American multinational producer of communications devices. Andrew is a global designer, manufacturer, and supplier of communications equipment, services, and systems. , at a special meeting today, overwhelmingly approved the company's merger agreement with CommScope Inc. Andrew and CommScope now have received all necessary approvals and clearances to complete the transaction, which was announced June June: see month.  27. Andrew currently expects the merger to close on December December: see month.  27, subject to customary closing conditions.

About Andrew Corporation

Andrew Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ANDW) designs, manufactures, and delivers innovative and essential equipment and solutions for the global communications infrastructure market. The company serves operators and equipment manufacturers from facilities in 35 countries. Andrew (www.andrew.com), headquartered in Westchester, IL, is an S&P Mid-Cap Mid-cap

Short for "Middle Cap," mid cap refers to stocks with a market capitalization of between $2 billion to $10 billion.

Notes:
As the name implies, a mid-cap is in the middle of the pack. A mid-cap isn't too big, but at the same time has a relatively decent market cap.
 400 company founded in 1937.

Forward Looking Statements

Some of the statements in this news release are forward looking statements and we caution our stockholders and others that these statements involve certain risks and uncertainties. Factors that may cause actual results to differ from expected results include fluctuations in commodity costs, the company's ability to integrate acquisitions and to realize the anticipated synergies and cost savings, the effects of competitive products and pricing, economic and political conditions that may impact customers' ability to fund purchases of our products and services, the company's ability to achieve the cost savings anticipated from cost reduction programs, fluctuations in foreign currency exchange rates, the timing of cash payments and receipts, end use demands for wireless communication services, the loss of one or more significant customers, and other business factors. Investors should also review other risks and uncertainties discussed in company documents filed with the Securities and Exchange Commission.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 10, 2007
Words:257
Previous Article:ING Clarion Real Estate Income Fund 'IIA' Declares Monthly Dividend for December and Announces Special Dividend.
Next Article:Jazz Technologies, Inc. Announces Repurchase of 1.9 million Common Shares at $2.11 per Share.
Topics:



Related Articles
COMMSCOPE STREAMLINES AND CONSOLIDATES ITS WEBSITE.
CommScope Enterprise Solutions Complies With the Latest Category 6A and Class EA Standards.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles