Shares of Analog Devices Inc. and Maxim Integrated Products Inc. rallied on Wednesday following a Bloomberg report that the two companies are negotiating a merger. Maxim, which was holding a strategic review of its business was approached by Analog Devices about a potential deal, Bloomberg reported, citing sources familiar with the matter. Analog shares jumped 8.8% to close at $60.99 while Maxim shares soared 10% to finish at $38.33.
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