Advanced Analogic
Technologies, Inc. AATI today
announced that it has filed a Petition for Arbitration in the Delaware
Chancery Court seeking specific performance of the Company's
merger agreement with Skyworks Solutions, Inc. SWKS and
to order Skyworks to close the transaction. AnalogicTech is seeking
declaratory judgment from the Court that AnalogicTech has not breached the
merger agreement, no "material adverse effect" has occurred with respect
to AnalogicTech, and Skyworks has breached its obligations under the
merger agreement.
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