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Arris Closes on $2.1 Billion Acquisition of Pace

Set-top box company Arris finished its $2.1 billion takeover of Pace, it said in a news release Monday. Arris said last fall it expected to close on Pace in early 2016 (see 1510190008), and the Justice Department closed its review…

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last month without imposing any conditions (see 1512020017). Arris said its operational and worldwide headquarters would remain in Suwanee, Georgia.