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By: Benzinga
ARRIS to Sell $150M in Shares to Comcast Related to Deal with Motorola Home
ARRIS Group, Inc. (NASDAQ: ARRS ), a global innovator in broadband media technology, announced today that it has entered into an agreement to sell approximately 10.6 million shares of its common stock, valued at $150.0 million, to Comcast Corporation (NASDAQ: CMCSA ). The sale of the shares to Comcast will be made
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