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MXIM - EU regulators reportedly approve Analog Devices-Maxim deal without concessions
Maxim Integrated Products Inc.
European Union antitrust regulator are set to approve Maxim Integrated's ([[MXIM]] +3.0%) nearly $21B acquisition by Analog Devices ([[ADI]] +2.8%) without conditions, according to Reuters sources.EU regulators had set a March 31 deadline for deciding on the deal.Analog Devices is still waiting for China's stamp of approval.Previous reports suggested that Analog Devices had stopped offering concessions to EU regulators, which suggested a likely approval.