AMD Says Shareholders ‘Overwhelmingly Approve’ $35 Billion Xilinx Acquisition

AMD and Xilinx announced Wednesday that their respective shareholders “overwhelmingly” approved of AMD’s plan to acquire Xilinx by the end of the year.

Those shareholders essentially followed the companies’ board of directors, both of which unanimously approved the deal when it was announced in October 2020. Now the deal’s main obstacle is regulatory approval, which the companies expect to get.

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