Raymond James Upgrades Linear Technology (LLTC) to Market Perform

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Citi Upgrades Linear Technology (LLTC) to Neutral

July 27, 2016 7:43 AM EDT

Citi upgraded Linear Technology (NASDAQ: LLTC) from Sell to Neutral.

For an analyst ratings summary and ratings history on Linear Technology click here. For more ratings news on Linear Technology click here.

Shares of Linear Technology closed at $62.49 yesterday.

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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