Mergers and buyouts have become fairly common recently, as companies strive to generate improved efficiencies and attempt to grow their sales by combining as opposed to fighting one another to death. The latest case of this move, this time a sizable one, is the decision by Analog Devices (ADI) to absorb Maxim Integrated Products (MXIM) through an all-stock transaction. The move allows Analog to grow significantly over night, opens the door for significant run-rate synergies, and for Maxim it generates a nice initial premium. This all does seem to value Maxim