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Intel, Tower Terminate Proposed $5.4 Billion Deal After Failing to Get Regulatory Approvals | Technology News

Intel, Tower Terminate Proposed $5.4 Billion Deal After Failing to Get Regulatory Approvals Intel and Israeli contract chipmaker Tower Semiconductor's proposed $5.4 billion (roughly Rs. 44,919 crore) deal has been mutually terminated as they were unable to get timely regulatory approvals, the companies said on Wednesday.

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