Xilinx Stock Falls as Takeover by AMD Pushed Back to First Quarter of 2022

Xilinx shares were falling successful premarket trading Friday aft its acquisition by larger semiconductor rival Advanced Micro Devices was pushed into the archetypal 4th of 2022.

“While we had antecedently expected that we would unafraid each approvals by the extremity of 2021, we person not yet completed the process and we present expect the transaction to adjacent successful the archetypal 4th of 2022,” the companies said successful a property statement. “Our conversations with regulators proceed to advancement productively, and we expect to unafraid each required approvals.”

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