ADC Telecom plans to acquire Andrew Corp for $2bln in stock, giving ADC greater ability to offer integrated wireless and wireline equipment to large communications companies. Under the deal, each share of Andrew Corp. would be exchanged for 0.57 shares of ADC. — RCN closed on a 2-part, $130mln first-lien credit facility. A 7-year $75mln term loan will refinance the MSO’s existing $34mln first-lien and $41mln third-lien term loans; and a 5-year $55mln revolving credit line will replace its existing letter of credit facilities.

The Daily

Subscribe
Thursday–October 21

Black Voices Celebrated in ‘Horror Noire’

It’s a new age in the world of horror. Black directors and writers are at the center of Shudder ’s “Horror Noire,” an anthology series coming to the streamer on Oct 28. Each chapter has its own story

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Oct 29
Cablefax Regional Rainmakers Awards
Dec 7
Most Powerful Women Celebration Register to Join Us in NYC to Celebrate!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.