Silicon Valley Group Jumps 34% on Takeover by ASM Lithography

 

Silicon Valley Group (SVGI Quote) rose 34% in preopen Island trading after announcing it would be bought by a rival chip equipment maker, ASM Lithography (ASML Quote) of the Netherlands, for $1.6 billion in stock, a 58% premium over Friday's close. ASM was down 3.4%.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,410.44 1,102.61 2,191.64 34.82
Oil *
71.89
UP
73.39
UP
6.67
UP
7.91
UP
0.59
10 Yr
3.48%
SPDR Gold
110.76
+0.71%
+0.61%
+0.36%
+1.72%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services