O
onsemiAcquisition / Restructuring
Mixed signal
onsemi revises its Synaptics acquisition to a $5.7B all-cash transaction
onsemi and Synaptics amended their merger agreement after a competing proposal. Under the revised terms, onsemi plans to acquire Synaptics for $123 per share in cash, valuing the transaction at about $5.7 billion, with Synaptics becoming a wholly owned subsidiary after closing.
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