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AMD, Xilinx Set to Close $35 Billion Deal After Lengthy Chinese Antitrust Review

By
Josh Sisco
· · Source: The Information

More than 15 months after announcing a $35 billion tie-up, AMD and Xilinx said Thursday that they secured all regulatory approvals and will close the deal in the coming days. The merger drew a lengthy inquiry from China’s antitrust enforcer. And due to a procedural quirk in the U.S., the Federal Trade Commission had two chances to review the deal, but passed on both. The FTC’s decision not...

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