Antitrust & Trade Reg.
Aug. 27, 2016
ON Semiconductor agrees to divestiture to complete $2.4B deal
After a protracted acquisition process that involved a months-long bidding war, ON Semiconductor Corp. is set to seal the purchase of Sunnyvale-based Fairchild Semiconductor International Inc. after agreeing to divest a major business unit under antitrust orders from the Federal Trade Commission.




Daily Journal Staff Writer
After a protracted acquisition process that involved a months-long bidding war, ON Semiconductor Corp. is set to seal the purchase of Sunnyvale-based Fairchild Semiconductor International Inc. after agreeing to divest a major business unit under antitrust orders from the Federal Trade Commission.
To close the $2.4 billion deal, Phoenix-based ON Semiconductor has agreed t...
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