Intel Corporation has terminated a $5.4 billion deal to buy Tower Semiconductor in Israel after failing to get needed regulatory
Intel Corporation has terminated a $5.4 billion deal to buy Tower Semiconductor in Israel after failing to get needed regulatory approval, the US chip maker announced Wednesday. Regulators in China were apparently the obstacle, having shown no sign of approving the merger which had been agreed on early last year, according to a Bloomberg report. […]
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https://insiderpaper.com/intel-abandons-5-4-billion-deal-to-buy-israels-tower-semiconductor/
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