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Fly News Breaks for May 23, 2016
AIXG, VECO
May 23, 2016 | 10:35 EDT
JPMorgan analyst Paul Coster views a Chinese Investment fund's bid to acquire Aixtron (AIXG) as a mild negative for peer Veeco (VECO). Aixtron's operations are unlikely to be disrupted by the potential deal while its relationships with customers in the Asia Pacific region, particularly China, may be strengthened, the analyst contends. Coster keeps a Neutral rating on Veeco.
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