ARRIS to restructure after Pace acquisition
Wednesday, February 17th, 2016![ARRIS Group logo ARRIS Group logo](https://www.digitaltvnews.net/wp-content/uploads/logos/arriscom.png)
In an SEC filing, ARRIS Group Inc. (NASDAQ: ARRS) has said:
Costs Associated with Exit or Disposal Activities
On February 17, 2016, ARRIS announced that, as part of the integration activities related to the recently completed acquisition of Pace plc, the Company will be restructuring certain operations. ARRIS expects the majority of the restructuring to be completed by the third quarter of 2016. An estimate of the total costs and charges, which may be material, expected to be incurred as part of the restructuring, including an estimate of cash expenditures related to the restructuring, are not currently available.
Latest News
- Larger-sized TVs to drive 8% growth in display area demand
- DASH Industry Forum (DASH-IF) becomes part of the SVTA
- Sky Stream to launch in Germany on July 31st
- Bitcentral ViewNexa integrates Pixalate Analytics
- Canal+ could be listed on the London Stock Exchange
- OKAST and Bouygues Telecom launch app for tourists in France