InvenSense Receives Regulatory Clearances
INVENSENSE (INVN)
US:NYSE Investor Relations:
ir.invensense.com
Company Research
Source: Business Wire
Announces Date of Special Stockholders Meeting in Connection with Acquisition by TDK SAN JOSE, Calif.--(BUSINESS WIRE)-- InvenSense, Inc. (NYSE: INVN), a leading provider of MEMS sensor platforms, today announced that all necessary regulatory clearances have been received for the acquisition by TDK Corporation of InvenSense, including from the Committee on Foreign Investment in the United States (CFIUS) and all other necessary regulatory authorities, and the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired. InvenSense will hold a special meeting of its stockholders on May 17, 2017 at 10:00 a.m. local time at the Company’s corporate headquarters at which stockholders will be asked to approve, among other items, the previously announced transaction. The companies expect to close the transaction shortly thereafter, for a total purchase price of
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