Thursday, December 17, 2009

Applied Materials obtains HSR clearance in connection with Semitool tender offer

SANTA CLARA, USA: Applied Materials Inc. today announced that it has been granted early termination of the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976 by the US Federal Trade Commission and the US Department of Justice in connection with its $11.00 per share cash tender offer for all outstanding shares of Semitool Inc..

The tender offer is due to expire today at 12:00 midnight, Eastern Standard Time.

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