Linear Technology Corp. (LLTC) Reports In-Line Q4 EPS

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Go back to Linear Technology Corp. (LLTC) Reports In-Line Q4 EPS

Analog Devices (ADI) to Acquire Linear Technology (LLTC) for ~$60/Share

July 26, 2016 3:36 PM EDT

Analog Devices, Inc. (Nasdaq: ADI) and Linear Technology Corporation (Nasdaq: LLTC) 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(1). Upon completion of the acquisition, Analog Devices will be the premier global analog technology company with approximately $5 billion in anticipated annual revenues.

Under the terms of the agreement, Linear Technology shareholders will receive $46.00 per share in cash and 0.2321 of a share of Analog... More