Fairchild Sides with ON Semiconductor, Citing Regulatory Concerns, The Deal

Fairchild Semiconductor International Inc. (FCS), which has been oscillating between two competing bids, on Tuesday declared its preference for a marriage with ON Semiconductor Corp. (ON) to that with a group of Chinese investors and, in the process, highlighting the growing role of regulators in M&A among chipmakers.

Partner Stephen Paul Mahinka is quoted regarding the matter.

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