CUPERTINO, California (
(VRGY) said Thursday it received a revised proposal from
(ATE - Get Report) to acquire it for $15 a share in cash.
Verigy said its board isn't making any recommendations to shareholders on the offer, but said it would be talking to Advantest.
Advantest had offered $12.15 a share for Verigy earlier this month.
Verigy said Thursday its board continues to recommend a merger with
(LTXC) that was
agreed to back in November.
Verigy shares closed Wednesday at $12.63.
-- Written by Joseph Woelfel
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