NVDA - Nvidia and Arm pulled and refiled merger notification with antitrust officials - MLex
Nvidia ([[NVDA]] +0.4%) and SoftBank's ([[SFTBF]],[[SFTBY]]) Arm have pulled and refiled their premerger notification with U.S. antitrust officials, according to MLex sources via Bloomberg.MLex says companies usually refile when trying to narrow a request for additional information or when resolving antitrust concerns to avoid the additional request.In September, Nvidia confirmed plans to acquire Arm for $40B with SoftBank maintaining a small ownership stake.Nvidia will report earnings after the bell today.
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Nvidia and Arm pulled and refiled merger notification with antitrust officials - MLex