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Orbotech One Step Closer to Photon Merger

Written by Margo Lakin
Thursday, 11 September 2008
SAN JOSE, CA– Orbotech Ltd is one step closer to acquiring Photon Dynamics Inc. Since the June announcement of the $290-million deal, the only closing condition remaining is clearance from the Committee on Foreign Investment in the US. The waiting period is set the expire on September 29, but insiders expect a response sooner.

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