Lam-Novellus Merger Obtains Final Regulatory Approval

Lam Research Corp. (NASDAQ:
LRCX
) and Novellus Systems, Inc. (NASDAQ:
NVLS
) today announced that they have now secured all of the approvals required to proceed with the planned merger of the two companies. The transaction is expected to close after market trading hours on June 4, 2012, subject to customary closing conditions.
Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.