Applied Materials, Tokyo Electron to merge

Applied Materials, Tokyo Electron to merge (via AFP)

Applied Materials and Tokyo Electron, US and Japanese makers of tools to produce semiconductors and displays, said Tuesday they will merge to increase efficiency and to better meet changing customer demands. The merger, which will create a new firm…

Gates Capital Returns 32.7% Tries To Do “Fewer Things Better”

Gates Capital Management's Excess Cash Flow (ECF) Value Funds have returned 14.5% net over the past 25 years, and in 2021, the fund manager continued to outperform. Due to an "absence of large mistakes" during the year, coupled with an "attractive environment for corporate events," the group's flagship ECF Value Fund, L.P returned 32.7% last Read More


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