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Advanced Semi (ASX), SPIL (SPIL) Receive Taiwan FTC Clearance for Proposed Merger

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Joint Announcement by ASE and SPIL

November 18, 2016 5:30 AM EST

TAIPEI, Taiwan, Nov. 18, 2016 /PRNewswire/ -- Advanced Semiconductor Engineering, Inc. ( TWSE code: 2311, NYSE code: ASX; "ASE") and Siliconware Precision Industries Co., Ltd. (TWSE code: 2325, NASDAQ code: SPIL; "SPIL") jointly announced today that on November 16, 2016, the Taiwan Fair Trade Commission (the "TFTC") resolved to give clearance to the notification submitted by ASE on July 29, 2016, in respect of the merger participated by ASE and SPIL as well as a new holding company established through share exchange (the "Share Exchange") between the two companies based on the joint share exchange agreement between ASE and SPIL dated June 30, 2016 (the "Joint... More