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Analog Devices Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota LLC
Source: prnewswire.com
M&A & RestructuringCompany Fundamentals
Analog Devices said it received notice of an unsolicited mini-tender offer from Tutanota LLC to purchase up to 100,000 shares of ADI common stock for $525.00 per share in cash. The announcement does not state whether ADI recommends that shareholders accept the offer.
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