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Analog Devices Inc to acquire Hittite Microwave Corporation

Monday, 9 Jun 2014 07:00am EDT 

Analog Devices Inc and Hittite Microwave Corporation:Enters into definitive agreement whereby Analog Devices will acquire Hittite for $78 per share in cash.Agreement reflects total enterprise value for Hittite of about $2 bln.Analog Devices Inc expects to fund acquisition through a combination of cash on hand and short-term debt financing.Credit Suisse acted as exclusive financial advisor to Analog Devices, and WilmerHale served as its legal advisor.Deutsche Bank acted as exclusive financial advisor to Hittite.Foley Hoag acted as legal advisor. 

Company Quote

-0.19 -0.29%
2 Jul 2015