Lam launches public tender offer for SEZ of 38 sfr per share

Date : 01/08/2008 @ 2:53AM
Source : TFN
Stock : Lam Research Corp (LRCX)
Quote : 22.86  0.69 (3.11%) @ 8:00PM
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Lam launches public tender offer for SEZ of 38 sfr per share

        ZURICH (Thomson Financial) - US company Lam Research Corp announced a public
tender offer for Austrian semiconductor assembly machinery maker SEZ Holdings of
38 sfr per SEZ share.
    In the offer prospectus, published in Swiss daily NZZ today, Lam said it
aims to acquire a minimum of 66.67 pct of SEZ shares.
    The tender offer commences today and ends on Feb 11, 2008, but may be
extended by a further ten days, the US company said.
    Austrian company SEZ, which is listed in Switzerland, recorded full year
sales of 392 mln sfr in 2006.
andrew.ge.thompson@thomson.com
at/lam

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