Arris to Buy Google Motorola ‘Home’ Business for $2.35B in Cash and Stock
Cable broadband equipment supplier Arris Group (ARRS) this evening said it will purchase the set-top box division of Google‘s (GOOG) Motorola unit for $2.35 billion in cash and stock, after winning approval from both its own board of directors and the directors of Google. The deal consists of $2.05 billion in cash and $300 million [...]
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