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Tech Trader Daily
Jul 27, 2016, 9:20 am110 ptsThe Street this morning is pondering what to make of yesterday afternoon’s surprise announcement by chip maker Analog Devices (ADI) that it will purchase peer Linear Technology (LLTC) for $14.8 billion in cash and stock. Cowen & Co.’s Timothy Arcuri, who has a Market Perform rating on shares of ADI’s…
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