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ARRIS International (ARRS) Is Climbing On Reports Of CommScope Deal

CNBC reported after the close Tuesday that ARRIS International (ARRS) is close to a deal to be acquired by CommScope (COMM) in a deal valued at over $31 per share. ARRIS is now up 3.95 on 257K shares. Meanwhile, CommScope shares are falling 1.26 on just over a million shares.

ARRIS International was range-bound throughout Tuesday's session and closed up by 0.17 at $24.97.

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