SUWANEE, Ga., Dec. 22, 2015 /PRNewswire/ -- ARRIS Group,
Inc. (NASDAQ: ARRS), today announced that the mandatory waiting
period with respect to the previously announced approval granted by
Brazil's competition authority
CADE has expired. As a result, all merger control closing
conditions worldwide have now been met. The previously issued court
order regarding the scheme of arrangement governing the acquisition
of Pace plc will be delivered to the U.K. Registrar of Companies on
January 4, 2016, and the combination
will be completed the same day.
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.
For the latest ARRIS news:
- Check out our blog: ARRIS EVERYWHERE
- Follow us on Twitter: @ARRIS
Forward-Looking Statements
Statements made in this
press release, including those related to the timing for the
closing of the transaction, are forward-looking
statements. Actual results may differ materially from the
results suggested by these statements for a variety of reasons,
including satisfaction of customary closing conditions and the
other risk factors described in ARRIS's definitive proxy statement
filed with the Securities & Exchange
Commission on September 15, 2015. In providing
forward-looking statements, ARRIS expressly disclaims any
obligation to update publicly or otherwise these statements,
whether as a result of new information, future events or otherwise,
except as required by law.
No Offer or Solicitation
This release 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. 2016. All rights reserved.
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SOURCE ARRIS Group Inc.