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Technology Stocks : Verigy, Ltd. (VRGY) -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (20)	12/21/2010 12:28:50 PM
From: Kirk ©	Respond to of 22

Advantest, Verigy in merger talks. Advantest (ATE) is said to be in merger talks with rival semiconductor test systems maker Verigy (VRGY), and is trying to break up Verigy's proposed merger with LTX-Credence (LTXC). However, sources said that while Verigy is open to hearing Advantest's proposal, talks aren't going particularly well. Advantest had made a $12.15/share bid for Verigy earlier in the month, and at the time Verigy said the offer was inferior to LTX-Credence's. seekingalpha.com