Andrew Corp. and ADC Telecommunications Inc. agreed to terminate their May merger agreement, and Andrew’s board also rejected an unsolicited takeover proposal from Commscope Inc., Andrew announced Aug. 9.

Andrew will pay ADC $10 million to end the merger agreement and would pay another $65 million in the event Andrew completes another business combination transaction within 12 months.

“While we still believe in the convergence strategy, the merger of Andrew and ADC was only one method to execute against that,” Ralph Faison, president and CEO of Andrew, said in a statement. “We are confident in our ability to address the current and future needs of our customers and shareholders as an independent company.”

Commscopeannounced Aug. 7 that it proposed to acquire all of the outstanding shares of Andrewin a deal valued at $1.7 billion. Commscope’s offer of $9.50 per share represented a 36 percent increase over the $6.97 per share that Andrew’s shareholders would have received under the ADC agreement. The May merger valued Andrew at $2 billion in ADC stock, but ADC’s shares have fallen since the deal was announced.

“The board carefully reviewed and considered Commscope’s proposal and found it does not adequately reflect the value of Andrew, its business prospects and its industry-leading products, global customer base and skilled global workforce,” Faison said.