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KLA-Tencor And Lam Research Terminate Proposed Merger; Credit Suisse Not Surprised
Thursday, October 6, 2016 - 12:02pm | 344KLA-Tencor Corp (NASDAQ: KLAC) announced after Wednesday's market close that it has agreed to terminate its proposed merger agreement with Lam Research Corporation (NASDAQ: LRCX). The U.S. Department of Justice (DoJ) told KLA-Tencor that it won't continue with a consent decree that the parties had...