FTC OKs Infineon's $450M purchase of LSI's mobility products biz

Mutschler, Ann Steffora
October 2007
Electronic News;10/1/2007, Vol. 53 Issue 40, p22
Trade Publication
The article reports on the approval given by antitrust officials at the U.S. Federal Trade Commission (FTC) to the proposed acquisition of LSI Corp.'s mobility products business by Infineon Technologies AG. The proposed acquisition is valued at $450 million in cash, plus a performance-based payment of up to $50 million payable in the first quarter of 2009. The deal topped a listing by the FTC of transactions that received an early termination of their antitrust reviews.


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