ON Semiconductor Acquires Synaptics in a $7 Billion Deal
ON Semiconductor Corporation (ON) entered a merger agreement on June 25, 2026, to acquire Synaptics Incorporated (SYNA) in a deal valued at $7 billion. Deal Structure: Synaptics…
Written byAsif SuriaSource: InsideArbitrage
ON Semiconductor Corporation (ON) entered a merger agreement on June 25, 2026, to acquire Synaptics Incorporated (SYNA) in a deal valued at $7 billion. Deal Structure: Synaptics stockholders will receive 1.35 shares of onsemi common stock for each share of Synaptics common stock held, representing a value of $160.3 per Synaptics share, at a 27.61%