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Subsequent Events
3 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events

18. Subsequent Events

Divestiture

On February 1, 2022, the Company completed the sale of its semiconductor automation business to THL for $3.0 billion in cash subject to net working capital and other customary adjustments. The Company expects net cash proceeds from the sale to be approximately $2.4 billion, after adjustments, taxes and other items.

Extinguishment of Debt and Termination of Credit Facility

On February 1, 2022, in connection with the completion of the sale of its semiconductor automation business, the Company used $50.0 million of the cash proceeds from the sale to extinguish the total remaining outstanding balance of its term loan. The Company also closed its revolving credit facility of which is had no borrowings.