KLA-Tencor Corp. (Nasdaq: KLAC) will be acquired by Lam Research Corp. (Nasdaq:
LRCX) in a cash and stock deal value at approximately $10.6 billion. Shares of KLA-Tencor leaped $10.12 to close at $63.98 while Lam Research stock rose 76 cents to close at $70.79.
Lam Research to buy KLA-Tencor
October 21, 2015 at 17:58 PM EDT
