Nvidia said the U.S. FTC has expressed concerns regarding the proposed acquisition of Arm Ltd.
- “We are engaged in discussions with the FTC regarding remedies to address those concerns”
- “Although regulators and some Arm licensees have expressed concerns or objected to the transaction, we continue to believe in the merits and benefits of the acquisition to Arm, its licensees, and the industry”
- The company disclosed the information in a CFO commentary that accompanied its earnings report
NOTE
Nvidia 4Q Revenue View Beats Estimates: Snapshot
To view the source of this information, click
To contact the reporter on this story: ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.