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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 230.17-1.4%Nov 7 9:30 AM EST

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From: Gottfried2/24/2014 12:07:08 PM
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Applied Materials and Tokyo Electron Receive CFIUS Clearance for Proposed Combination


TOKYO, Japan, and SANTA CLARA, Calif., USA, February 24, 2014 - Applied Materials, Inc. (NASDAQ: AMAT) and Tokyo Electron Limited (TSE: 8035) today stated they have received notice from the Committee on Foreign Investment in the United States (CFIUS) that there are no unresolved national security issues relating to the companies' proposed business combination announced on September 24, 2013. The clearance by CFIUS was without conditions and terminates CFIUS review of the transaction.
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