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ON Semiconductor and SANYO Electric signed a definitive agreement for ON Semiconductor to acquire SANYO Semiconductor for approximately $366 million in cash and stock, expected to close by end of 2010.
“ON Semiconductor and SANYO Electric today announced the signing of a definitive purchase agreement providing for the acquisition of SANYO Semiconductor Co., Ltd.by ON Semiconductor in a cash and stock transaction with a purchase price of approximately $366 million, subject to adjustment pursuant to ”cdrinfo.com
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