Mergers & Acquisitions,
Corporate,
Antitrust & Trade Reg.
Feb. 9, 2022
With Nvidia, Biden administration gets high-profile antitrust win
Santa Clara technology giant Nvidia Corp. abandoned its $40 billion bid to purchase British chip design provider Arm Ltd. Monday night, citing “significant regulatory challenges preventing the consummation of the transaction.”
President Joe Biden's administration has talked tough about antitrust enforcement, and now it has claimed a high-profile win.
Santa Clara technology giant Nvidia Corp. abandoned its $40 billion bid to purchase British chip design provider Arm Ltd. Monday night, citing "significant regulatory challenges preventing the consummation of the transaction."
According to a Tuesday filing with the U.S. Securities and Exc...
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