Flexible Electronics News

NXP, Freescale Shareholders Meetings Approve Merger

Expects merger to close in the second half of 2015.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

NXP Semiconductors N.V. held an Extraordinary General Meeting of Shareholders and Freescale Semiconductor held a Special General Meeting on NXP’s acquisition of Freescale. Both NXP’s Special Meeting and Freescale’s Special General Meeting approved the merger proposal with more than 99% of the votes cast in favor of the merger. The NXP Special Meeting also appointed Gregory L. Summe and Peter Smitham as non-executive directors of NXP, effective as of the closing of the merger.   “The combinatio...

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