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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

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From: JohnG	1/16/2006 6:38:52 PM
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Qualcomm, Flarion pass antitrust review 01/16/2006 13:13:01 NEW YORK (Reuters) - Qualcomm Inc. <QCOM.O>, a supplier of wireless chips and technology licenses, said on Monday that its proposed purchase of wireless broadband technology firm Flarion Technologies passed an antitrust review and the deal was expected to close in the 'next few days'. Qualcomm had agreed to buy Flarion to boost its wireless technology portfolio in a cash and stock deal worth about $600 million. The Antitrust Division of the United States Department of Justice has ended its review of the proposed merger under the Hart-Scott-Rodino Act, which requires some parties to allow the antitrust agencies to determine whether to object to the transaction, Qualcomm said.

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