Andrew Corporation ANDW
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CommScope Reports 3Q
… profitability to increase compared with prior periods, but be lower than what we have seen so far in 2007. Andrew Corporation ANDW also recently reported its fiscal 2007 results. The company increased sales only 2% for the year, thanks to all-around weakness …
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CommScope to Buy Andrew Corp
After unsuccessfully bidding for Andrew Corp ANDW about one year ago, CommScope CTV announced Wednesday that it has reached an agreement to acquire all of Andrew’s outstanding …
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CommScope's Bid for Andrew Rejected
On Friday, CommScope's CTV unsolicited bid for Andrew Corporation ANDW was rejected. Andrew opted to remain a stand-alone business. Our fair value estimate for CommScope remains unchanged. Although …
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ADC, Andrew Part Ways
ADC Telecommunications ADCT and Andrew ANDW announced Wednesday that they have agreed to terminate their planned merger. We view this move as a positive for ADC. While we …
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CommScope Bids for Andrew Corp
Amid a flurry of consolidation in the telecom industry, CommScope CTV launched a rival bid for Andrew Corporation ANDW (a provider of wired-line and wireless equipment), challenging ADC Telecommunication's ADCT offer. Under the proposed bid …
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CommScope Outbids ADC for Andrew
… planned acquisition of Andrew took a twist Monday when CommScope CTV announced that it was launching a competing offer for Andrew ANDW at $9.50 per share in cash. We recently placed ADC's shares under review after the company lowered its 2006 sales and earnings …
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ADC under Review
… integrate and reassess their spending plans and priorities. The company also reaffirmed its commitment to merge with Andrew ANDW . We are placing ADC under review while we re-evaluate our model assumptions; given the terms of the deal, we expect to lower …
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ADC Buys Andrew
ADC Telecommunications ADCT announced this morning that it was acquiring wireless equipment vendor Andrew Corp. ANDW in an all-stock transaction. While we have reservations about the price ADC is paying, we believe that the combination makes …