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Skyworks to Acquire AnalogicTech for $5.80 Per Share in Cash

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Skyworks Solutions, Inc. (NASDAQ: SWKS) and Advanced Analogic Technologies, Inc. (NASDAQ: AATI) today announced that the two companies have amended their previously announced merger agreement. Under the terms of the revised merger agreement, Skyworks will acquire all of the outstanding shares of AnalogicTech for $5.80 per share in cash through a tender offer that Skyworks intends to commence within seven business days. The companies expect the transaction to be completed in January 2012.

Posted-In: M&A News

 

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