Wednesday, February 6, 2013

Cymer Gets Stockholder Approval On Merger

San Diego-based Cymer, the supplier of light sources for semiconductor lithography systems, reported today that its stockholders have voted to approve the firm's merger with ASML. The deal had been announced in October, and is worth $2.5 billion. Cymer said the firm is still waiting for expiration of the Hart-Scott-Rodino antitrust and a number of other approvals under foreign competition laws. The firm now expects the deal to close sometime in the first half of the year. ASML is based in the Netherlands.

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