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Applied Materials, Tokyo Electron Receive CFIUS Clearance for Proposed Combination

Received notice that there are no unresolved national security issues

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Applied Materials, Inc. and Tokyo Electron Limited 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 Sept. 24, 2013. The clearance by CFIUS was without conditions and terminates CFIUS review of the transaction.

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