Scalper1 News
Applied Materials (AMAT) and Tokyo Electron early Monday announced that they’ve scrapped plans for a $9.4 billion merger after the U.S. Department of Justice said that combining their businesses would restrict competition. The two chip equipment makers — the largest companies in their industry — first announced the deal in September 2013. Last week, No. 1 cable TV firm Comcast (CMCSA) abandoned its proposed $45 billion takeover of No. 2 Time Scalper1 News
Scalper1 News