The Fund liquidated its holding in CommScope (NASDAQ:COMM) following disappointing results, as well as media reports that it was highly likely the company would acquire ARRIS International. We believe the potential ARRIS acquisition would not be in the best interests of shareholders and would force the company to shift away from improving its core operations to focus instead on post-acquisition issues.
Olstein Funds Comments on CommScope
Guru stock highlight
How to use GuruFocus - Tutorials What Is in the GuruFocus Premium Membership? A DIY Guide on How to Invest Using Guru Strategies GuruFocus New Features
More GuruFocus Links
Related ArticlesQ&A with Gurus Top Rank Articles