December 22, 2010
Exhibit 99.2
December 22, 2010
VIA ELECTRONIC MAIL AND FACISIMILE
LTX-Credence Corporation
000 Xxxxxxxxxx Xxxxxx
Norwood, MA 02062
Attention: General Counsel and Secretary
Re: | Notice of Receipt of Revised Written Proposal and Upcoming |
Board of Directors Meeting |
Dear Xxxxx:
Reference is hereby made to that certain Agreement and Plan of Merger by and among Verigy, Alisier Limited, Lobster-1 Merger Corporation, Lobster-2 Merger Corporation and LTX-Credence Corporation dated as of November 17, 2010 (the “Merger Agreement”). Capitalized terms used but not defined herein shall have the respective meanings ascribed to them in the Merger Agreement.
As you are aware, on November 27, 2010, Verigy notified you (and provided you with a written copy) of an unsolicited written Acquisition Proposal it received from Advantest Corporation (“Advantest”) on November 26, 2010, and on December 3, 2010, Xxxxxx notified you that it intended to engage in discussions with, and furnish information to, Advantest.
Pursuant to Section 5.3(b)(i) and Section 8.2 of the Merger Agreement, we hereby notify you, for and on behalf of Xxxxxx, that Xxxxxx has received a revised written proposal from Advantest. The revised written proposal is enclosed with this letter.
Additionally, on behalf of Xxxxxx, pursuant to Section 5.3(b)(ii) and Section 8.2 of the Merger Agreement, we hereby notify you, for and on behalf of Xxxxxx, that the Verigy Board of Directors is convening a meeting on Friday, December 24, 2010, at 8:00 a.m. Pacific time, at which it will discuss the revised written proposal from Advantest.
LTX-Credence Corporation
December 22, 2010
Page 2
Please let us know if you have any questions.
Regards, |
/S/ XXXXXXX X. XXXXXXX |
Xxxxxxx X. Xxxxxxx |
Enclosure
Cc: | Xxx X. Xxxxxxxxx (Xxxxxx Xxxxxx Xxxxxxxxx Xxxx and Door) |
Xxxxx Xxxxx (Verigy) |
Xxxxx Xxxxx (Xxxxxx Xxxxxxx Xxxxxxxx & Xxxxxx) |
Xxxxx Xxxxxxx (Xxxxxx Xxxxxxx Xxxxxxxx & Xxxxxx) |