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Tuesday, November 06, 2018 6:32:12 PM
just got bought out by CommScope.
Arris International PLC (ARRS) shares rallied in the extended session Tuesday following a report that the set-top-box maker was going to be acquired by CommScope Holding Co. (COMM). Arris shares surged 16%, while CommScope shares fell 5% after hours. Late Tuesday, CNBC reported (https://www.cnbc.com/2018/11/06/commscope-near-to-buying-arris-for-more-than-31-a-share-sources.html) that CommScope was near a deal to acquire Arris for more than $5.6 billion.
Source = TDAmeritrade
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