Tijuana Jazz & Blues Festival
Chad Deal 6:58 p.m., May 21
Tech equipment maker Cymer has agreed to be purchased by ASML Holding NV, Europe's largest semiconductor maker, for $2.6 billion. Cymer shareholders will receive $20 in cash and 1.1502 ASML ordinary shares, according to Bloomberg News. That's 72% higher than Cymer's recent closing price. The combination is intended to speed up technology to manufacture microchips cheaper with more functions for mobile phones and tablets, says Bloomberg.
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