Maxim Integrated Products, Inc.
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MAXIM MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF MAXIM INTEGRATED PRODUCTS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM
July 13, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger between Maxim Integrated Products, Inc. (NASDAQ: MXIM) and 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.
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 percent of the combined company, while Maxim stockholders will own approximately 31 percent.
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.
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.
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