SUWANEE, Ga., Oct. 22, 2015 /PRNewswire/ -- ARRIS Group,
Inc. (NASDAQ: ARRS) today announced that Pace received its required
shareholder approvals at the court and general shareholder meetings
held today to approve the proposed combination with ARRIS. As
previously announced, the ARRIS shareholders approved the merger
that forms a part of the combination at a special meeting of
stockholders held October 21, 2015.
Receipt of ARRIS and Pace shareholder approvals represents
satisfaction of required conditions to the closing of the
combination and the merger; however, the completion of these
transactions remains subject to the expiration or termination of
the waiting period under the United States Hart-Scott-Rodino
Antitrust Improvements Act of 1976 and the satisfaction of similar
merger control requirements in Brazil and Colombia, together with satisfaction of other
customary closing conditions.
About ARRIS
ARRIS Group, Inc. (NASDAQ: ARRS) is a
world leader in entertainment and communications technology. Our
innovations combine hardware, software, and services across the
cloud, network, and home to power TV and Internet for millions
of people around the globe. The people of ARRIS collaborate with
the world's top service providers, content providers, and
retailers to advance the state of our industry and pioneer
tomorrow's connected world. Together, we are inventing the future.
For more information, visit www.arris.com.
No Offer or Solicitation
This document is provided for informational purposes only and
does not constitute an offer to sell, or an invitation to subscribe
for, purchase or exchange, any securities or the solicitation of
any vote or approval in any jurisdiction, nor shall there be any
sale, issuance, exchange or transfer of the securities referred to
in this document in any jurisdiction in contravention of applicable
law.
ARRIS and the ARRIS Logo are trademarks or registered
trademarks of ARRIS Enterprises, Inc. All other
trademarks are the property of their respective owners. ©
ARRIS Enterprises, Inc. 2015. All rights reserved.
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SOURCE ARRIS Group, Inc.