Featured · Deals
Onsemi pays $123 a share in cash to keep Synaptics away from a nameless rival
An unsolicited bid from an unnamed rival forced onsemi to scrap its all-stock, tax-free takeover of Synaptics for $123 a share in cash, backed by $2.45 billion of secured debt. Synaptics holders get a firm floor and a live auction; onsemi holders get the lien stack and fewer exits.
· 3 min read
