Daily Business News
Friday, September 15, 2006
  Freescale in $17.6 billion sale pact (Reuters)

A Freescale chip is seen in an undated file photo. Freescale Semiconductor says it has agreed to be bought by a private equity consortium for $40 a share. (Freescale Semiconductor Inc. 2004/Handout/Reuters)Reuters - Chip maker Freescale Semiconductor Inc. said on Friday it agreed to be bought for $17.6 billion or $40 a share in cash by a private equity consortium led by Blackstone Group in what could be the biggest leveraged buyout of a technology company.


 
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