TECHNOLOGY - Sept. 7, 1995
<i> Times Staff and Wire Reports</i>
Teradyne to Acquire Megatest: The Boston-based test-equipment maker said it will buy Megatest Corp., a San Jose-based maker of semiconductor testing equipment, for about $245 million in stock. As part of the deal, each Megatest shareholder will receive between 0.8333 and 0.9091 Teradyne Inc. share for each share of Megatest. News of the deal sent Megatest stock soaring 33%, rising $8 to close at 32.25 a share in Nasdaq trading. Teradyne was unchanged at $39.50 a share on the New York Stock Exchange.
