Acquisition — March 15, 2000 — Photronics Buys Taiwan Position with PSMC Purchase

JUPITER, FL—Photronics sees its international ties strengthen with its acquisition of Taiwan's Precision Semiconductor Mask Corp. PSMC shareholders will sell 51 percent of the company's equity in transactions in a deal amounting to $50 million. Photronics currently owns 32 percent of the company.

By Lisa Nadile

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