CommScope Fails to Reach Debt Deal, Shares Tumble in Premarket

CommScope Fails to Reach Debt Deal, Shares Tumble in Premarket




CommScope Holding Co. has failed to reach an agreement with a group of its creditors as it continues to talk with other investors to refinance its bonds. Shares dropped as much as 47% in premarket trading in New York after the telecommunications infrastructure company missed estimates.



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By stp2y

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