Arris Investors OK Takeover by CommScope, a Deal US Antitrust Authorities Won't Challenge

U.S. antitrust authorities won't challenge CommScope buying Arris, the seller said Friday. The Hart-Scott Rodino Act waiting period recently expired and Arris shareholders approved the acquisition, expected to be completed by June 30, Arris said. FTC/DOJ OK was expected (see 1811080051). As is typical, the commission wouldn't tell us if it had approved the deal, worth about $7.4 billion. "We remain on track with the remaining regulatory requirements," emailed an Arris spokesperson.