Teradyne completes acquisition of Nextest Systems Corp.
Jan 25, 2008
Teradyne, Inc. (NYSE: TER) announced that it has completed the merger of its direct wholly owned subsidiary into Nextest Systems Corporation and as result, Nextest has become a wholly owned subsidiary of Teradyne.
Nextest's common stock will no longer trade on NASDAQ. Detailed instructions will be mailed to former Nextest stockholders who did not tender their shares into the offer outlining the steps to be taken to obtain the merger consideration of $20.00 per share in cash, without interest.