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Verigy Announces Completion of Acquisition by Advantest; Becomes Wholly Owned Subsidiary of Advantest
Verigy, an Advantest Group company (TSE: 6857, NYSE: ATE) and a global supplier of innovative test solutions, announced July 4 that Advantest Corporation completed its acquisition of Verigy (Nasdaq: VRGY) in an all-cash transaction, estimated to be approximately $1.1 billion. As a result of the acquisition, Verigy shareholders will receive $15.00 per share in cash for each Verigy ordinary share they own.
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Verigy Announces Completion of Acquisition by Advantest; Becomes Wholly Owned Subsidiary of Advantest
Verigy, an Advantest Group company (TSE: 6857, NYSE: ATE) and a global supplier of innovative test solutions, announced July 4 that Advantest Corporation completed its acquisition of Verigy (Nasdaq: VRGY) in an all-cash transaction, estimated to be approximately $1.1 billion. As a result of the acquisition, Verigy shareholders will receive $15.00 per share in cash for each Verigy ordinary share they own.
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