M&A
confidence high
sentiment positive
materiality 0.65
Silicon Labs shareholders approve merger with Texas Instruments
SILICON LABORATORIES INC.
- Over 99.9% of votes cast approved adoption of Merger Agreement with Texas Instruments (25,878,105 for, 7,467 against).
- Non-binding advisory proposal on executive compensation related to the Merger also passed (24,770,609 for, 974,309 against).
- Adjournment proposal was moot as quorum and sufficient votes for Merger existed at the meeting.
- Completion of the Merger remains subject to customary closing conditions, including regulatory approvals.