Advanced Analogic (AATI +2.7%) gains after the chipmaker files a petition for an arbitration...

|About: Advanced Analogic Technolog... (AATI)|By:, SA News Editor

Advanced Analogic (AATI +2.7%) gains after the chipmaker files a petition for an arbitration ruling requiring Skyworks (SWKS) to go through with its planned acquisition of the company. Skyworks has issued formal notices of breach to Advanced Analogic, and the resulting crash in the latter's shares suggests investors don't expect the deal to occur.