SUPPLEMENT #2 TO DEFINITIVE PROXY STATEMENT
This supplemental information should be read in conjunction with the Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (the SEC) by Varian Semiconductor Equipment Associates, Inc. (the Company) on June 29, 2011, as supplemented by the Schedule 14A filed with the SEC on July 15, 2011 (as supplemented, the Definitive Proxy Statement), which should be read in its entirety. Defined terms used but not defined herein have the meanings set forth in the Definitive Proxy Statement.
The following disclosure is added to the end of the paragraph on page 9 under the heading Legal Proceedings Regarding the Merger and to the end of the paragraph on page 51 under the heading Legal Proceedings Regarding the Merger.
On July 15, 2011, plaintiff in the Crane Action filed a motion for expedited proceedings, a motion for expedited discovery, and a motion for a preliminary injunction seeking to enjoin the merger. On July 18, 2011, the court denied plaintiffs motion for expedited discovery but granted plaintiffs motion for expedited proceedings and set a briefing schedule with respect to plaintiffs motion for a preliminary injunction. On July 18, 2011, following the courts denial of his motion for expedited discovery, plaintiff filed a supplemental submission in support of his motion for expedited discovery. On July 19, 2011, defendants submitted a joint response in opposition to plaintiffs supplemental submission. On July 20, 2011, the court entered an order treating plaintiffs supplemental submission as a renewed motion for expedited discovery and denying plaintiffs renewed motion. On July 21, 2011, plaintiff filed a notice of voluntary dismissal of his action with prejudice, pursuant to Federal Rule of Civil Procedure 41(a)(1)(A).
On July 21, 2011, a second putative class action lawsuit captioned
Louisiana Municipal Police Employees Retirement System v. Gary E. Dickerson.
,
et al.
,
No. 1:11-cv-11294, was filed by a purported stockholder of the Company in the United States District Court for the District of Massachusetts (the LMPERS Action). The LMPERS Action names the same defendants, asserts similar claims and seeks similar relief as the Crane action. The Company believes the lawsuit is without merit and intends to vigorously defend against the litigation.
The following disclosure is added to the end of the paragraph on page 5 under the heading Regulatory Approvals and to the end of the second paragraph on page 50 under the heading Regulatory Approvals.
On July 6, 2011, Taiwans antitrust regulatory authority concluded that it does not have jurisdiction to review the merger.