Deals
onsemi Recuts Its Synaptics Deal to $123 a Share in Cash, Trimming the Value to $5.7 Billion After a Rival Approach
The 8-K discloses an unsolicited proposal from a bidder identified only as "Party A," which Synaptics's board briefly deemed a superior proposal before renegotiating with onsemi.
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By Anna Ferreira
Oct 3, 2026 · 2 min read
onsemi and Synaptics announced an amended and restated merger agreement at 4:34 p.m. Eastern on Oct. 1 that converts their pending combination from stock to cash and cuts its headline value by roughly $1.3 billion.
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Anna Ferreira
Senior Correspondent, Corporate Strategy
Anna Ferreira writes for Corporate Insider Inc.