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.
