Skyworks Solutions, Inc. extended the expiration date of its exchange offers for Qorvo’s outstanding senior notes from September 1, 2026, to September 11, 2026. The offers allow holders to exchange $850 million of 4.375% Senior Notes due 2029 and $700 million of 3.375% Senior Notes due 2031 for new Skyworks notes. As of the previous expiration date, 90.30% of the 2029 notes and 93.29% of the 2031 notes had been tendered. The settlement is expected to occur promptly after the new expiration date, contingent on the closing of the merger between Qorvo and a Skyworks subsidiary. Skyworks Solutions, Inc. operates in the semiconductor industry as a leading developer and manufacturer of analog and mixed-signal semiconductors.

Skyworks Solutions, Inc. issued $2 billion in senior unsecured notes to finance the approximately $3 billion cash consideration for its merger with Qorvo, Inc. The issuance includes $800 million of 5.000% Senior Notes due 2028, $600 million of 5.750% Senior Notes due 2032, and $600 million of 6.250% Senior Notes due 2036. The notes were sold pursuant to an Underwriting Agreement dated August 4, 2026, with Goldman Sachs & Co. LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities LLC acting as underwriters. Proceeds will be used for the merger consideration or general corporate purposes if the transaction does not close by November 3, 2027. Skyworks Solutions, Inc. operates in the semiconductor industry, designing and manufacturing radio frequency and power management solutions.

Skyworks Solutions provided an update on its proposed merger with Qorvo, confirming that the U.S. Federal Trade Commission allowed the timing agreement to expire without further action after the Hart-Scott-Rodino waiting period ended. The transaction remains subject to closing conditions and pending regulatory approvals in China and South Korea. Skyworks anticipates closing within the calendar year but provided no assurances regarding the timeline. This company operates in the semiconductor industry, designing and manufacturing radio frequency and power management solutions.

Skyworks Solutions filed an 8-K disclosing updates related to its merger agreement with Qorvo, Inc. The filing includes Qorvo's unaudited consolidated financial statements for the three months ended June 27, 2026, and Skyworks' unaudited pro forma condensed combined financial information. Pro forma results for the nine months ended July 3, 2026, show combined net revenue of $5.5 billion and net income of $168 million. The merger consideration is estimated at $8.433 billion, consisting of approximately $2.867 billion in cash ($32.50 per Qorvo share) and 0.960 Skyworks shares per Qorvo share. Skyworks commenced exchange offers for up to $1.55 billion of Qorvo's senior notes and obtained consents to amend indentures. The transaction remains subject to regulatory approvals, including a Hart-Scott-Rodino Second Request from the FTC. Skyworks Solutions is a designer and manufacturer of radio frequency, analog mixed-signal, and power management semiconductor solutions.

Skyworks Solutions reported third fiscal quarter 2026 revenue of $935 million, with GAAP diluted EPS of $0.22 and non-GAAP diluted EPS of $1.08. The company announced a new $2.0 billion stock repurchase program authorized through January 31, 2029, replacing the prior terminated authorization. Concurrently, the board decided to discontinue quarterly cash dividends on common stock to redirect capital toward share repurchases, debt deleveraging, and potential M&A in conjunction with its pending combination with Qorvo. Skyworks anticipates raising approximately $2 billion in acquisition debt financing for the transaction and provided fourth quarter revenue guidance of $1.01 billion to $1.06 billion. Skyworks Solutions is a leading developer and manufacturer of analog and mixed-signal semiconductors for applications including automotive, data center, and mobile devices.

Skyworks Solutions, Inc. announced the expected executive leadership team for its pending merger with Qorvo, Inc., effective upon transaction completion. Phil Brace, Skyworks' current president and CEO, will serve as CEO of the combined company. The leadership structure includes Philip Carter as CFO, Reza Kasnavi as Executive Vice President, Chief Operations and Technology Officer, and Bob Bruggeworth, Qorvo's current CEO, joining the combined board of directors. Skyworks Solutions, Inc. is a leading developer, manufacturer, and provider of analog and mixed-signal semiconductors and solutions for applications including aerospace, automotive, broadband, cellular infrastructure, and mobile devices.