News

U.S. Antitrust Review Ends for TI Acquisition of National Semiconductor

May 22, 2011 by Jeff Shepard

Texas Instruments Inc. (TI) and National Semiconductor announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating to TI’s proposed acquisition of National Semiconductor has expired without a request for additional information by the U.S. Department of Justice or the Federal Trade Commission.

The transaction still requires approval by National Semiconductor stockholders and regulatory clearance from seven non-U.S. jurisdictions. Both companies continue to expect the transaction to close by the end of the year.