Applied Materials scraps Tokyo Electron takeover on U.S. antitrust concerns
April 27, 2015 at 11:12 AM EDT
TOKYO (Reuters) - U.S.-based Applied Materials Inc on Monday scrapped its $10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd after the deal, a rare foreign bid for a Japanese firm, fell foul of U.S. anti-trust regulators.
