Lam and KLA Tencor to merge to drive lower processing nodes and push AMAT's innovation

Lam Research and KLA-Tencor announced a merger in October 2015. Lam Research will pay $10.6 billion in total to KLA-Tencor's shareholders, and KLA-Tencor will be expected to own 32% of the merged company. The merger is estimated to close mid-2016, and the combined company will be worth $8.7 billi...

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