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Arris clears one more regulatory in its bid to acquire Pace.
November 24, 2015
SUWANEE, Ga. -- ARRIS Group Inc. (NASDAQ: ARRS) today announced that its proposed acquisition of Pace plc received unconditional merger clearance from The Superintendence of Industry and Commerce in Colombia. This clearance follows pre-conditional clearance in Germany, South Africa, and Portugal. Completion of the transaction 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, together with satisfaction of other customary closing conditions.
Arris Group Inc. (Nasdaq: ARRS)
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