Analog Devices Inc. (Nasdaq: ADI) offered $2 billion to acquire Hittite Microwave Corp. (Nasdaq: HITT). Shares of Analog Devices soared $2.64 to $55.33 while Hittite Microwave stock leaped $17.31 to $77.87.
Analog Devices offers $2 billion for Hittite Microwave
June 09, 2014 at 07:39 AM EDT