Skyworks in Final Stages to Close $22B Qorvo Merger
Skyworks Solutions’ CEO said the company is in the final stages of closing its merger with Qorvo, supported by favorable financing. The $22 billion deal is expected to complete within the current fiscal year after U.S. regulatory reviews, including FTC and HSR waiting periods. Skyworks shares rose about 10% alongside Qorvo amid optimism, while some shareholders urged action over alleged fiduciary duty breaches by company officers.