Lam Research announces termination of merger with KLA-Tencor

Industry:    2016-10-07

Lam Research

* In accordance with terms set forth in merger agreement, no termination fees will be payable by either company

* After review of antitrust agency feedback, both cos decided it is not in best interest of stakeholders to continue pursuing merger

* Announces Termination Of Proposed Combination With Kla Tencor

* Lam research corp says in accordance with terms set forth in merger agreement, no termination fees will be payable by either company Source text for Eikon: Further company coverage:

 


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