ARRIS Evaluating Competing Offer for Tandberg Television from Ericsson
February 26 2007 - 12:41PM
PR Newswire (US)
SUWANEE, Ga., Feb. 26 /PRNewswire-FirstCall/ -- ARRIS Group, Inc.
(NASDAQ:ARRS) announced today that the Company is informed that
Ericsson announced that it intends to make an offer for the shares
of Tandberg Television. ARRIS is currently assessing its options in
regard to its previously announced offer for the shares of Tandberg
Television. In the interim, ARRIS' offer remains outstanding and
ARRIS will have no further comment. About ARRIS ARRIS provides
broadband local access networks with innovative high-speed data and
telephony systems for the delivery of voice, video and data to the
home and business. ARRIS complete solutions enhance the reliability
and value of converged services from the network to the subscriber.
Headquartered in Suwanee, Georgia, USA, ARRIS has design,
engineering, distribution, service and sales office locations
throughout the world. Information about ARRIS' products and
services can be found at http://www.arrisi.com/. DATASOURCE: ARRIS
Group, Inc. CONTACT: Investor Relations, Jim Bauer of ARRIS Group,
Inc., +1-678-473-2647, or Web site: http://www.arrisi.com/
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