- 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.