Advantest: Seeking Talks With Verigy On Possible Takeover
December 06 2010 - 7:50PM
Dow Jones News
Advantest Corp. (6857.TO) said Tuesday it has made a buyout
proposal to U.S. semiconductor-testing company Verigy Ltd. (VRGY)
worth nearly $730 million.
"We would like to start discussing the proposal with Verigy as
soon as possible," said an Advantest spokeswoman.
The Japanese chip equipment maker is offering $12.15 per Verigy
share.
Overnight, Verigy said that it has entered into buyout talks
with Advantest.
-By Juro Osawa, Dow Jones Newswires; 813 6269 2794;
juro.osawa@dowjones.com
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