Join The Class Action Suit
Company: Analog Devices, Inc.
Kaskela Law LLC is investigating Analog Devices, Inc. (NASDAQ: ADI) (“ADI”) of behalf of the company’s stockholders.
On July 13, 2020, ADI announced that it had entered into an agreement to acquire Maxim Integrated Products, Inc. (“Maxim”) in an all-stock transaction. According to the announcement, ADI has agreed to exchange 0.630 shares of ADI common stock for each share of Maxim common stock, and current Maxim stockholders are expected to own approximately 31% of the combined company upon the closing of the proposed transaction. Since the time of that announcement, shares of ADI’s common stock have declined approximately $10.00 per share, or 8% in value.
The investigation seeks to determine whether the proposed transaction as structured is fair to ADI and its stockholders, and whether ADI stockholders are being provided with all required material information necessary to evaluate and vote on the proposed transaction.
ADI stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or by completing the information form on this page, for additional information about this investigation and their legal rights and options.