Cymer Announces Stockholder Approval Of Merger Agreement With ASML
SAN DIEGO, Feb. 5, 2013
SAN DIEGO, Feb. 5, 2013 /PRNewswire/ --Cymer, Inc. (Nasdaq: CYMI) today
announced that its stockholders voted to approve the previously announced
merger agreement, dated October 16, 2012, among Cymer, ASML Holding N.V.
(ASML) and certain affiliates of ASML, at the special meeting of Cymer
stockholders held earlier today. More than 82 percent of the shares
outstanding and 99 percent of the votes cast at the special meeting were voted
in favor of the merger agreement.
Completion of the merger remains subject to customary closing conditions,
including expiration of the Hart-Scott-Rodino antitrust waiting period and
receipt of approvals under other foreign competition laws. Cymer and ASML
continue to expect the transaction to close in the first half of 2013.
Forward Looking Statements
This document contains "forward-looking statements" as that term is defined in
the Private Securities Litigation Reform Act of 1995. These statements, as
they relate to Cymer or ASML, the management of either such company or the
transaction, involve risks and uncertainties that may cause results to differ
materially from those set forth in the statements. No forward-looking
statement can be guaranteed, and actual results may differ materially from
those projected. Cymer and ASML undertake no obligation to publicly update
any forward-looking statement, whether as a result of new information, future
events or otherwise. Forward-looking statements are not historical facts, but
rather are based on current expectations, estimates, assumptions and
projections about the business and future financial results of the industries
in which Cymer and ASML operate, including the expected development of EUV
technology, and other legal, regulatory and economic developments. We use
words such as "anticipates," "believes," "plans," "expects," "projects,"
"future," "intends," "may," "will," "should," "could," "estimates,"
"predicts," "potential," "continue," "guidance" and similar expressions to
identify these forward-looking statements. Actual results could differ
materially from the results contemplated by these forward-looking statements
due to a number of factors, including, but not limited to, the possibility
that (1) Cymer and ASML may be unable to obtain regulatory approvals required
for the merger or may be required to accept conditions that could reduce the
anticipated benefits of the merger as a condition to obtaining regulatory
approvals; (2) the length of time necessary to consummate the proposed merger
may be longer than anticipated; (3) problems may arise in successfully
integrating the businesses of Cymer and ASML; (4) the proposed merger may
involve unexpected costs; (5) the businesses may suffer as a result of
uncertainty surrounding the proposed merger; and (6) the industry may be
subject to future risks that are described in SEC reports filed by Cymer and
The foregoing list of factors is not exhaustive. You should carefully
consider the foregoing factors and the other risks and uncertainties that
affect the businesses of Cymer and ASML described in their respective Annual
Reports on Form 10-K or Form 20-F, as applicable, Quarterly Reports on Form
10-Q, as applicable, and other documents filed from time to time with the
Securities and Exchange Commission.
Cymer, Inc. (Nasdaq: CYMI) is an industry leader in developing lithography
light sources, used by chipmakers worldwide to pattern advanced semiconductor
chips. Cymer's light sources have been widely adopted by the world's top
chipmakers and the company's installed base comprises approximately 3,900
systems. Continuing its legacy of leadership, Cymer is currently pioneering
the industry's transition to EUV lithography, the next viable step on the
technology roadmap for the creation of smaller, faster chips. The company is
headquartered in San Diego, CA, has more than 1,200 employees on payroll
(expressed in full time equivalents) and supports its customers from numerous
offices around the globe. Cymer maintains a Web site to which it regularly
posts press releases, SEC filings, and additional information about Cymer.
Interested persons can also subscribe to automated e-mail alerts or RSS feeds.
Please visit www.cymer.com.
Cymer and all other Cymer product or service names used herein are either
registered trademarks or trademarks of Cymer, Inc. Any other marks mentioned
herein are the property of their respective holders.
SOURCE Cymer, Inc.
Contact: Investor Relations, Natalie Badillo, Cymer, Inc., +1-858-385-6097,
email@example.com; or Media, Taryn Unruh, Formula, +1-619-234-0345,
Press spacebar to pause and continue. Press esc to stop.