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Technology Stocks : Cree Inc.
CREE 33.85-1.0%Oct 20 8:10 PM EDTNews

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Cree -3.43%; Sale Of Wolfspeed Business To Infineon Technologies Unlikely To Be Approved By CFIUS
Feb. 8, 2017 5:59 PM ET|By: Eric McCaffrey, SA News Editor


Cree (NASDAQ: CREE) and Infineon Technologies ( IFNNF, IFNNY) note exploration of alternatives to modify current form of the arrangement to alleviate or address regulatory issues, though any outcome to that end remains uncertain.

Press release

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