Seeking Alpha

Advantest (ATE) propses to acquire Verigy (VRGY) for $12.15/share, a 33% premium to Friday's...

Advantest (ATE) propses to acquire Verigy (VRGY) for $12.15/share, a 33% premium to Friday's close. Verigy's board says the Advantest bid is not superior to its proposed merger with LTX-Credence (LTXC), but that it "believes the Advantest proposal might lead to a superior transaction - so it has determined to engage in discussions with Advantest." Premarket: VRGY +37%. LTXC -14%. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector