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flag Shareholders approved Veeco and Axcelis' merger to combine semiconductor equipment operations, pending final regulatory approval.

flag Shareholders of Veeco Instruments and Axcelis Technologies have approved their proposed merger, paving the way for the combination of the two companies. flag The vote, held at special meetings, also included approval of a new executive compensation plan. flag The deal, which aims to create a stronger player in semiconductor equipment, is expected to close in the coming weeks, pending final regulatory reviews.

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