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Chancery Tosses Post-Deal Suit Over $500M Maxim Dividend

By Jeff Montgomery (May 2, 2023, 3:32 PM EDT) -- The Delaware Chancery Court shot down a stockholder suit Tuesday seeking to recover $500 million in Maxim Integrated Products Inc. dividend payments held back from the company's $21 billion merger agreement with Analog Devices Inc. in 2020 to cover tax liabilities that didn't materialize....

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