NEW YORK, July 13, 2020 /PRNewswire/ -- Halper Sadeh LLP, a
global investor rights law firm, is investigating whether the sale
of Maxim Integrated Products, Inc. (NASDAQ: MXIM) to Analog
Devices, Inc. (NASDAQ: ADI) is fair to Maxim shareholders. On
behalf of Maxim shareholders, Halper Sadeh LLP may seek
increased consideration for shareholders, additional disclosures
and information concerning the proposed transaction, or other
relief and benefits.
If you are a Maxim shareholder and would like to discuss
your legal rights and options, please visit Maxim Merger or
contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or
sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Under the terms of the agreement, Maxim stockholders will
receive 0.630 of a share of Analog Devices common stock for each
share of Maxim common stock they hold at the closing of the
transaction. Upon closing, current Analog Devices stockholders will
own approximately 69% of the combined company, while Maxim
stockholders will own approximately 31%.
The investigation concerns whether Maxim and its board of
directors violated the federal securities laws and/or breached
their fiduciary duties to shareholders by failing to: (1) obtain
the best possible consideration for Maxim shareholders; (2)
determine whether Analog Devices is underpaying for Maxim; and (3)
disclose all material information necessary for Maxim shareholders
to adequately assess and value the proposed transaction.
If you are a Maxim shareholder and would like to discuss your
legal rights and options, please visit
https://halpersadeh.com/actions/maxim-integrated-products-inc-mxim-stock-merger-analog-devices-adi/
or contact Daniel Sadeh or
Zachary Halper at (212) 763-0060 or
sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world
who have fallen victim to securities fraud and corporate
misconduct. Our attorneys have been instrumental in implementing
corporate reforms and recovering millions of dollars on behalf of
defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP