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EU, South Korea Clear Qualcomm to Buy NXP

Qualcomm Inc.’s bid to acquire NXP Semiconductors N.V. cleared a significant hurdle Jan. 18, when the European Commission announced its approval, subject to conditions.The Korea Fair Trade Commission also gave its approval, Qualcomm said in a statement. With that, Qualcomm (Nasdaq: QCOM) has eight of nine regulatory approvals it needs,…

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