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Cohu and Xcerra announce early termination of HSR waiting period in connection with proposed acquisition of Xcerra

Jul. 27, 2018 8:36 AM ETCohu, Inc. (COHU) StockBy: Pranav Ghumatkar, SA News Editor
  • Cohu, Inc. (NASDAQ:COHU +0.8%) and Xcerra Corporation (XCRA +0.5%) announced that, the Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with proposed acquisition of Xcerra.
  • The transaction is expected to close in Q4 2018.
  • Upon the completion of the proposed transaction, Xcerra’s common stock will no longer be publicly traded and will be delisted from the NASDAQ.

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