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Maxim Integrated to Buy Volterra

Stock Researching
Publish date: Fri, 16 Aug 2013, 08:00 AM
Stock Researching
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From Liston Street Pulse:

Maxim Integrated Products Inc. (MXIM) on Thursday agreed to acquire its smaller rival chip supplier, Volterra Semiconductor Corp. in deal valued at about $605 million. According to the terms of the deal, Maxim will pay $23 for each share held in Volterra, which implies a premium of 55% over Volterra's closing stock price on Wednesday. […]

The post Maxim Integrated to Buy Volterra appeared first on Liston Street Pulse.

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