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Lam Research, KLA-Tencor Scrap $10B Merger Deal

By Suevon Lee (October 5, 2016, 10:34 PM EDT) -- Lam Research Corp. and KLA-Tencor have scrapped a planned $10.6 billion merger after mutually agreeing it was not in the best interest of their respective stakeholders based on antitrust concerns from the U.S. Department of Justice, Lam Research said Wednesday....

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