REUTERS: U.S. semiconductor maker Analog Devices Inc is in advanced talks to acquire Maxim Integrated Products Inc, an industry peer that has a market capitalization of US$17.1 billion, people familiar with the matter said on Sunday.
The deal under negotiation calls for Maxim shareholders to be paid in Analog Devices stock rather than cash, allowing them to share in the upside of combined company's shares, the sources said. The stock exchange ratio being discussed could not be learned.
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