ON Semiconductor (ON) Switches to $5.7B All-Cash Synaptics Acquisition, Stock Jumps 6%

ON Semiconductor (ON) stock surged 6% after switching its Synaptics buyout to a $5.7B all-cash deal at $123/share, down from the original $7B stock offer.

The post ON Semiconductor (ON) Switches to $5.7B All-Cash Synaptics Acquisition, Stock Jumps 6% appeared first on Blockonomi.