Business

China just approved the $44 billion merger between Qualcomm and NXP Semiconductor

8 monthes ago   |   By

Ethan Miller/Getty Images
Qualcomm's proposed $44 billion merger deal with NXP Semiconductors just got approved by Chinese regulators.
The bid was originally announced in October of 2016.
Its approval signals the end of a months-long regulatory roadblock between the US and Beijing that was caused by trade tensions.
Chinese regulators have approved U.S. chipmaker Qualcomm Inc's proposed $44 billion merger deal with NXP Semiconductors, South China Morning Post reported on Thursday, citing people with knowledge of the matter.
The decision by China's Ministry of Commerce clears a months-long...
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AT&T closes its massive $85 billion deal for Time Warner

AT&T closes its massive $85 billion deal for Time Warner

8 monthes ago   |   By

Getty Images / Chip Somodevilla
AT&T closed its $85 billion deal to acquire Time Warner after it reached an agreement with US antitrust regulators.
The deal, first announced in October 2016, was opposed by President Donald Trump, who was a frequent critic of Time Warner's CNN coverage.
AT&T was sued by the Justice Department, but won approval from a judge to move forward with the deal.
WASHINGTON - AT&T, the No. 2 wireless carrier, on Thursday closed its $85 billion deal to acquire media company Time Warner after it reached an agreement with US antitrust regulators.
The deal, first...
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