NXP, Freescale merger clears FTC hurdle
The divesture of the RF power amplifier business is a condition for NXP’s merger with Freescale Semiconductor laid down by the Federal Trade Commission. The deal with Jianguang Asset Management Co. Ltd. is set to close on December 7.
The merger with Freescale is expected to close before the end of 2015 or early in 2016.
Related links and articles: