It plans to fund the deal with cash on hand and committed debt financing. "That requires focus and clarity to be able to really optimize." It will also lessen its exposure to smartphonesand Apple in particular. Reporting by Stephen Nellis and Noor Zainab Hussain; Editing by Ramakrishnan M.Our Standards: The Thomson Reuters Trust Principles. It expects to receive $2.3 billion in net proceeds from the deal and will return about $2 billion to shareholders through a combination of special dividends and buybacks.
Stephen Neilis and no one else worked on the deal.
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Stephen Neilis and no one else worked on the deal .
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