Qorvo shareholders receive 0.96 Skyworks shares plus $32.50 cash per share in merger
QRVO•Qorvo shareholders receive 0.960 shares of Skyworks common stock and $32.50 in cash for each eligible Qorvo share in the merger.
1. Merger consideration
The merger converted each eligible Qorvo share into 0.960 shares of Skyworks common stock and $32.50 in cash. Fractional shares will be paid in cash, and payments are subject to applicable withholding taxes. On the closing date, Qorvo terminated its April 23, 2024 credit agreement; no borrowings were outstanding at termination.
