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Technology Stocks : Arris International PLC (ARRS)

ARRS 31.66

0.0%

Apr 4 5:00 PM EST

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From: JakeStraw	9/11/2015 1:24:35 PM
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Arris Group announced via a filing with the Securities & Exchange Commission that it expects to see a boost to earnings of 65 cents to 75 cents per share from its pending acquisition of Pace PLC , which is an increase from the prior forecast for a 45 cents to 55 cents boost. The increase in earnings is for the twelve-months following closing of the deal. The company is basing its estimate on “synergies from the optimization of back-office infrastructure, component procurement, and go-to-market efficiencies,” as well as removing some costs of operations from Pace.

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