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BRIEF-Cree continues to believe that likelihood of closing Wolfspeed transaction remains unchanged

Nov 23 Cree Inc :

* Cree Inc - continues to believe that likelihood of closing wolfspeed transaction remains unchanged

* Cree Inc - Cree And Infineon Target closing transaction in february 2017

* Cree - co, infenion have submitted cfius filing relating to sale of Wolfspeed; expect statutory cfius review period to commence in the near term Source text - bit.ly/2g3bxff Further company coverage:

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