- InvenSense (NYSE:INVN) is up 3.2% today after announcing it's gotten regulatory clearances for its $1.3B buyout by TDK (OTCPK:TTDKY).
- The Hart-Scott-Rodino waiting period has expired and the Committee on Foreign Investment in the United States has OK'd the deal, InvenSense says.
- It's set a special meeting for May 17 for stockholders to approve, and expects closing shortly thereafter.