Brief: Skyworks And Qorvo To Combine To Create $22 Billion US-Based Leader In High-Performance RF, Analog And Mixed-Signal Solutions
Oct 28 (Reuters) - Qorvo Inc QRVO.O: SKYWORKS AND QORVO TO COMBINE TO CREATE $22 BILLION U.S.-BASED LEADER IN HIGH-PERFORMANCE RF, ANALOG AND MIXED-SIGNAL SOLUTIONS QORVO - EXPECTED $500 MILLION ANNUAL COST SYNERGIES WITHIN 24-36 MONTHS QORVO - SHAREHOLDERS TO RECEIVE $32.50 CASH AND 0.960 SKYWORKS SHARE QORVO - SKYWORKS SHAREHOLDERS TO OWN 63% OF COMBINED COMPANY QORVO: SKYWORKS TRANSACTION IS EXPECTED TO BE IMMEDIATELY AND MEANINGFULLY ACCRETIVE TO NON-GAAP EPS POST-CLOSE Source text: ID:nGNX6Nq0Hr Further company coverage: QRVO.O
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