Market Overview

UPDATE: AnalogicTech Files Petition to Initiate Arbitration in Delaware Chancery Court Related to Pending Acquisition by Skyworks


Advanced Analogic Technologies, Inc. (Nasdaq: AATI) today announced that it has filed a Petition for Arbitration in the Delaware Chancery Court seeking specific performance of the Company's merger agreement with Skyworks Solutions, Inc. (Nasdaq: SWKS) and to order Skyworks to close the transaction.  AnalogicTech is seeking declaratory judgment from the Court that AnalogicTech has not breached the merger agreement, no "material adverse effect" has occurred with respect to AnalogicTech, and Skyworks has breached its obligations under the merger agreement.  

Posted-In: News


Related Articles (AATI + SWKS)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

EU's Rehn Says Plan to Recapitalize European Banks

PTSI Announces Stock Repurchase Program of 500K Shares