Maxim Integrated Products, Inc. (NASDAQ:MXIM) Investor Alert: Investigation of Takeover

An investigation on behalf of investors of Maxim Integrated Products, Inc. (NASDAQ:MXIM) in connection with the proposed takeover was announced and NASDAQ: MXIM stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 07/21/2020 --An investigation on behalf of investors, who currently hold shares of Maxim Integrated Products, Inc. (NASDAQ: MXIM), was announced concerning whether the takeover of Maxim Integrated Products, Inc. is unfair to NASDAQ: MXIM stockholders.

Investors who purchased shares of Maxim Integrated Products, Inc. (NASDAQ: MXIM) and currently hold any of those NASDAQ: MXIM shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Maxim Integrated Products, Inc. breached their fiduciary duties owed to NASDAQ: MXIM investors in connection with the proposed acquisition.

San Jose, CA based Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, the rest of Asia, Europe, and internationally. On July 13, 2020, Analog Devices, Inc. (Nasdaq: ADI) and Maxim Integrated Products, Inc. (Nasdaq: MXIM) announced that they have entered into an agreement under which ADI will acquire Maxim in an all stock transaction that values the combined enterprise at over $68 billion. Under the terms of the agreement, Maxim stockholders will receive 0.630 of a share of ADI common stock for each share of Maxim common stock they hold at the closing of the transaction. The proposed transaction offers investors in Maxim Integrated Products, Inc. (NASDAQ: MXIM) approximately $78.43 per share.

However, given that at least one analyst has set the high target price for NASDAQ: MXIM shares at $78.43 per share, the investigation concerns whether the offer is unfair to (NASDAQ: MXIM stockholders. More specifically, the investigation concerns whether the Maxim Integrated Products Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On July 20, 2020, NASDAQ: MXIM shares closed at $71.37 per share.

Those who are current investors in Maxim Integrated Products, Inc. (NASDAQ: MXIM) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Media Relations Contact

Christopher Clausen
Shareholders Foundation
1-858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/1297713