ARRIS Announces Proposed Acquisition of Pace Receives Preliminary Approval from Brazil


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ARRIS Group Inc. (NASDAQ: ARRS) today announced that its proposed acquisition of Pace plc has received preliminary approval, without restrictions, from Brazil's competition authority CADE. The clearance is expected to become final on December 19, 2015, following Brazil's mandatory appeals period. When finalized, the approval in Brazil will complete the merger-control clearances required for the transaction.  ARRIS expects to close the transaction in early January 2016 following the Brazilian clearance becoming final and the sanctioning of the scheme of arrangement by the Companies Court in the U.K.About ARRISARRIS 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.Forward-Looking StatementsStatements 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

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Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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