Comment on Applied Materials calls off $9.4B Tokyo Electron buyout

Applied Materials calls off $9.4B Tokyo Electron buyout

(AP) — Applied Materials has called off its $9.4 billion acquisition of Tokyo Electron Ltd. after hitting a regulatory roadblock. The companies said that they were told by the Department of Justice that there remained antitrust concerns about a deal that would have merged two of the world's biggest semiconductor industry suppliers.

 

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