PURCHASE AND SALE AGREEMENT BY AND AMONG ANDREW CORPORATION, ANDREW CANADA INC., ANDREW LIMITED, ANDREW HOLDINGS (GERMANY) GMBH AND ASC SIGNAL CORPORATION DATED AS OF NOVEMBER 5, 2007 SALE OF ANDREW SATELLITE COMMUNICATIONS GROUPPurchase and Sale Agreement • November 8th, 2007 • Andrew Corp • Drawing & insulating of nonferrous wire • Illinois
THIS PURCHASE AND SALE AGREEMENT is made as of the 5th day of November, 2007, by and among ASC Signal Corporation, a corporation incorporated under the laws of Delaware (the “Purchaser”), Andrew Corporation, a Delaware corporation (“Andrew”), Andrew Canada Inc., Andrew Limited, Andrew Holdings (Germany) GmbH, (each a “Seller”, and collectively with Andrew, the “Sellers”). Certain capitalized terms used herein are defined in Article I.
Andrew, Resilience Capital Reach Agreement On Sale of Satellite Communications BusinessAndrew Corp • November 8th, 2007 • Drawing & insulating of nonferrous wire
WESTCHESTER, IL, November 6, 2007—Andrew Corporation, a global leader in communications systems and products, has reached agreement for the sale of its Satellite Communications business to Resilience Capital Partners, a Cleveland, Ohio-based private equity firm.
