Jun. 23 at 7:13 PM
$VISN I’m in.
Succinct investment hypothesis
VISN is an event-driven sum-of-the-parts investment where the market may be undervaluing the post-divestiture Aurora Networks stub after giving insufficient credit to expected RUCKUS sale proceeds and further cash returns. The company has already transformed old CommScope by selling CCS, eliminating debt, paying a
$10/share special distribution, and now agreeing to sell RUCKUS to Belden for
$1.846B cash, with expected net proceeds of about
$1.7B and a second-half 2026 closing target.
