Arris Group completed its buy of Google’s Motorola...
Arris Group completed its buy of Google’s Motorola Home set-top box unit for $2.2 billion and a 7.7 percent stake in Arris, it said Wednesday. Approved by the Department of Justice Monday, the deal gives Arris the right to license…
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Motorola Mobility patents, Arris said. The Wednesday release said the cash portion of the consideration was funded through syndicated debt financing and the sale of 10.6 million Arris shares to Comcast. The deal leaves Google and Comcast each holding 7.7 percent of Arris shares, it said (http://bit.ly/11hSd0F).