Analog Devices Is Said To Be In Talks To Snap Up Maxim For About $20B

Analog Devices Inc. (ADI) is reportedly in talks to buy rival semiconductor Maxim Integrated Products Inc. (MXIM) for an estimated $20 billion.Analog and Maxim are discussing an all-stock deal that could be finalized as soon as Monday, though it isn’t guaranteed and discussions could still fall apart, the Wall Street Journal reported over the weekend. The deal would be the largest U.S. merger so far this year, according to data from Dealogic.According to the discussed talks, Maxim shareholders would own about 30% of the combined company, which would be valued at just under $70 billion including debt, should the deal …read more

Source:: Yahoo Finance

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