Tokyo Electron, Applied Materials merger may be delayed

• Tokyo Electron (OTCPK:TOELF), which is expected to be acquired by Applied Materials (NASDAQ:AMAT), has announced that the completion of their merger could take until next year due to delays in regulatory approvals.
• Applied Materials agreed to buy Tokyo Electron in September of last year in an all-stock deal worth more than $10B, combining the two makers of chip-making gear as demand for their products slowed.