FTC Won't Challenge Gannett/ReachLocal, OnShore/NXP Unit, Tencent/Supercell
The FTC approved Gannett, OnShore and Tencent acquisitions in early termination notices issued this week. The commission Tuesday said it won't challenge Gannett's $156 million acquisition of digital advertising services company ReachLocal (see 1606270081). Monday, the FTC gave the nod to OnShore's buy of NXP Semiconductors' standard products business, Nexperia, and China-based Tencent Holdings' majority stake in Finnish mobile game maker Supercell from SoftBank.