Intel to acquire Tower Semiconductor for $5.4B

Tower Semiconductor shareholders approved the acquisition by Intel for $53.00 per share in cash, valuing the deal at approximately $5.4 billion. The transaction is subject to regulatory approvals.

“Tower's shareholders approved, by the requisite majority vote, the acquisition of Tower by Intel.”ir.towersemi.com

• 2 sources
• ir.towersemi.comTower Shareholders Approve Intel Merger at Extraordinary General Meeting | Tower SemiconductorApr 25, 2022
• towersemi.comTower Shareholders Approve Intel Merger in Extraordinary General Meeting - Tower SemiconductorApr 25, 2022

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