Renesas and IDT Announce Final Regulatory Approval for Renesas’ Proposed Acquisition of IDT
INTEGRATED DEVICE (IDTI)
Last integrated device earnings: 1/28 04:05 pm
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US:NASDAQ Investor Relations:
ir.idt.com/investor-relations
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Source: Business Wire
Acquisition Expected to Close on March 29, 2019 PDT/March 30, 2019 JST TOKYO & SAN JOSE, Calif.--(BUSINESS WIRE)-- Renesas Electronics Corporation (TSE: 6723, “Renesas”), a premier supplier of advanced semiconductor solutions, and Integrated Device Technology, Inc. (NASDAQ: IDTI, “IDT”), a leading supplier of analog mixed-signal products, including sensors, connectivity and wireless power, today announced that they received notification by the Committee on Foreign Investment in the United States (“CFIUS”) on March 22, 2019 PDT, March 23, 2019 JST, that the investigation of the companies’ proposed merger transaction is complete and that there are no unresolved national security concerns with respect to the transaction. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190322005474/en/ The approval by CFIUS was the last outstanding regulatory authoriza
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