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Wednesday, October 17, 2012

RPT-ASML issues 9 percent of new shares to help fund Cymer takeover, (NASDAQ: CYMI)

Dutch chip equipment maker ASML will issue just over 9 percent of its current outstanding share capital in new shares to help fund the 1.95 billion euros ($2.5 billion) takeover of Cymer Inc, a U.S.-listed supplier of lithography light sources, ASML chief financial officer said on Wednesday.

Cymer, Inc. (Cymer) is a supplier of light sources used in the photolithography process for semiconductor, or chip manufacturing. Shares of CYMI traded higher by 2.53% or $1.18/share to $47.83. In the past year, the shares have traded as low as $39.24 and as high as $62.40. On average, 289728 shares of CYMI exchange hands on a given day and today's volume is recorded at 407785.



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