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Published on 11/9/2007 in the Prospect News Special Situations Daily.

Andrew Corp. sets meeting date to vote on merger with CommScope

By Lisa Kerner

Charlotte, N.C., Nov. 9 - Andrew Corp. will hold a special meeting of shareholders to approve the company's merger with CommScope, Inc. at 3 p.m. ET on Dec. 10, according to a form 424B3 filing with the Securities and Exchange Commission.

As previously reported, Andrew agreed to be acquired by CommScope for $15.00 per share in a cash and stock deal valued at an estimated $2.6 billion.

Under the June 27 merger agreement, each share of Andrew common stock will be converted into $15.00, consisting of $13.50 in cash plus an additional $1.50 in cash, CommScope common stock or a combination of cash and stock, at CommScope's option.

Andrew will become a wholly owned subsidiary of CommScope while retaining its Chicago-area presence.

CommScope, located in Hickory, N.C., provides infrastructure solutions for communication networks.

Andrew, based in Westchester, Ill., manufacturers and delivers solutions for the communications infrastructure market.


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