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Re: Msmalli post# 902

Tuesday, 09/24/2013 11:31:02 AM

Tuesday, September 24, 2013 11:31:02 AM

Post# of 1116
Here is the article
http://dealbook.nytimes.com/2013/09/24/applied-materials-to-merge-with-tokyo-electron/




The company will begin a $3 billion stock buyback program within a year of the deal’s closing, which is expected by the second half of 2014. Both Applied Materials and Tokyo Electron expect the deal to begin adding to pro forma earnings per share by the end of the first full fiscal year after closing.


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