Semiconductor solutions provider Allegro MicroSystems on Thursday rebuffed a $6.9 billion takeover approach from Onsemi, saying the offer was "inadequate" as it refused yet another approach from ...

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March 6 (Reuters) - Semiconductor solutions provider Allegro MicroSystems (ALGM.O), opens new tab on Thursday rebuffed a $6.9 billion takeover approach from Onsemi (ON.O), opens new tab ...

ON Semiconductor Corp. made its pursuit of Allegro Microsystems Inc. public on Wednesday, disclosing an unsolicited bid valuing the company at $6.9 billion including debt. The chip company ...

All-Cash Proposal Represents Attractive and Immediate Premium of 57% to Allegro’s Unaffected Closing Share Price on February 28, 2025 SCOTTSDALE, Ariz., March 06, 2025--(BUSINESS WIRE)--onsemi ...

Allegro MicroSystems, Inc. is a potential takeover target by ON Semiconductor, which could expand ON's portfolio in magnetic sensing and power segments. The automotive industry is currently ...

Allegro MicroSystems, Inc. (NASDAQ:ALGM) shares are trading higher premarket on Thursday after it disclosed receiving a proposal from ON Semiconductor Corporation (NASDAQ:ON) for $35.10 per share ...

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All-Cash Proposal Represents Attractive and Immediate Premium of 57% to Allegro’s Unaffected Closing Share Price on February 28, 2025 onsemi (NASDAQ: ON) today disclosed details of a proposal ...

U.S.-based Allegro MicroSystems (ALGM) rejected a $6.9 billion takeover bid from its larger rival Onsemi, formerly known as ON Semiconductor (ON), calling the offer “inadequate.” Onsemi ...