Analog Devices to Buy Linear Technology for $14.8 Billion


Jul 26 2016

Analog Devices, Inc. (NASDAQ: ADI) (“Analog Devices”) and Linear Technology Corporation (NASDAQ: LLTC) (“Linear Technology”) announced that they have entered into a definitive agreement under which Analog Devices will acquire Linear Technology in a cash and stock transaction that values the combined enterprise at approximately $30 billion.


More Details

Highlights

+ Purchase to be funded partially by $7.3 billion of new debt

+ Analog will pay $60 a share for rival Linear (a premium of 24 percent to its closing price Monday)

Additional Coverage

- http://www.eetimes.com/document.asp?doc_id=1330204

- http://www.wsj.com/articles/analog-devices-to-acquire-linear-technology-for-14-8-billion-1469563887

- http://www.bloomberg.com/gadfly/articles/2016-07-26/analog-devices-can-t-resist-buying-linear-technologies





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