German authorities clear Philips/VLSI

May 1999
RCR;05/31/99, Vol. 18 Issue 22, p57
Trade Publication
Reports that Royal Philips Electronics' tender offer to purchase all of the outstanding shares of VLSI Technology Inc. was cleared by antitrust authorities in Germany. Agreement reached by Philips, VLSI and the German government on arrangement that addresses certain national security concerns related to Philips' ownership of VLSI.


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