Shareholders of Arris International plc have given their approval to the company’s sale to CommScope Holding Company, Inc.
The motion at a meeting convened by the High Court of Justice in England and Wales was approved by stockholders holding 99 percent of the shares voted at the meeting.
“This approval marks another important milestone in accelerating our strategy. Together, we believe Arris and CommScope have an unprecedented opportunity to help shape future communication networks and to look to deliver additional value to our shareholders, customers, partners and employees,” said Bruce McClelland, Arris CEO.
Arris expects the transaction to close in the first half of 2019, following regulatory approvals.
