Mayer, Brown, Rowe & Maw Represents Andrew Corp. in the $2.64 Billion Sale to CommScope, Inc.
27 June 2007
27 June 2007 - Mayer, Brown, Rowe & Maw LLP represented Andrew Corporation (Nasdaq: ANDW) in its sale to CommScope, Inc. (NYSE: CTV) for $2.64 billion. Andrew's stockholders will receive $15.00 per share, at least 90 percent of which will be payable in cash and the rest to be paid in cash, CommScope stock or a combination thereof to be determined by CommScope.
Andrew, based in Westchester, Illinois, is a maker of equipment for wireless networks. CommScope, based in Hickory, N.C., is a maker of network equipment for cable and phone companies.
The Mayer, Brown, Rowe & Maw team was led by M&A partner James Lidbury assisted by partners Jennifer Keating, Jonathan Grandon, Mark McLaughlin, Debra Hoffman, Thomas Bottomlee, Michael Hermsen, Robert Baptista, Jr. and John Tharp (all Chicago), Christopher Kelly and Adrian Steel Jr. (Washington, DC), Michael Molano (Palo Alto) and Kiran Desai (Brussels). Also in Chicago was Counsel Karen Grotberg. Associates on the team were: Rachel Ponton, Dan Horwood, Denise Lopez and Jay Tharp as well as summer associate Corie D'Angelo.