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TV Tech
George Winslow

CommScope to Buy Cable Business Assets of Casa Systems for $45.1M

CommScope CASA
Commscope.

CommScope has announced that it was selected by Casa Systems, Inc. as the highest to acquire Casa’s cable business assets and that the two companies have entered into a purchase agreement for CommScope to pay $45,100,000 to purchase the assets through an auction process under section 363 of the Bankruptcy Code. 

A sale hearing is scheduled for June 4, 2024, and the transaction is expected to close June 6, 2024.

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