Cirrus Logic identified as 'Party A' in Synaptics proxy filing behind unsolicited bid that forced onsemi deal revision, sources say

Cirrus Logic was identified as the unnamed "Party A" in an October 9 Synaptics proxy filing, the unsolicited bidder that pushed Onsemi to restructure its deal to a $5.7B all-cash offer at $123 per share. The bid was made last month to spoil the previously announced onsemi deal, according to sources.

Detected & updated continuously · Source: Nebula