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CommScope Selected as Highest and Best Bid in Auction to Acquire Cable Business Assets of Casa Systems
May 31, 2024
CLAREMONT, North Carolina, May 31 -- CommScope issued the following news release:

CommScope (NASDAQ: COMM), a global leader in network connectivity, was selected by Casa Systems, Inc. ("Casa"), as the highest and best bidder to acquire Casa's Cable Business assets.

A purchase agreement was entered into on May 29, 2024, between CommScope and Casa Systems, Inc. after CommScope entered the winning bid of $45,100,000 to purchase the Cable Business assets through a . . .

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