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Semiconductor Components Industries, LLC (an ON Semiconductor subsidiary) entered into a definitive agreement to acquire GT Advanced Technologies Inc. for approximately $420 million. The transaction is subject to regulatory approvals and stockholder approval.
“Semiconductor Components Industries, LLC entered into a definitive agreement and plan of merger to acquire GT Advanced Technologies Inc. for approximately $420 million.”marketscreener.com
Summarized from public sources; check the original articles before acting on it.