It’s official that world largest semi-conductor companies Applied Materials and Tokyo Electron to merge

One of the company that I work for are now merging, look like by 2014. This is official and on the news.

Under the terms of the agreement, Tokyo Electron shareholders will receive 3.25 shares of the new company for every Tokyo Electron share held. Applied Materials shareholders will receive 1 share of the new company for every Applied Materials share held.

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