August 30, 2007 / 1:21 PM / 12 years ago

Intel urged to give more data on flash unit deal

NEW YORK (Reuters) - Intel Corp (INTC.O) said on Thursday that the U.S. Federal Trade Commission has requested additional information on the company’s deal with STMicroelectronics (STM.PA) to spin off and combine their flash memory units.

Intel said it plans to respond promptly to the request.

The European Commission has already given Intel and STMicroelectronics permission on the deal, which is backed by private equity firm Francisco Partners.

Reporting by Ritsuko Ando

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