onsemi and Synaptics amend merger to $5.7B all-cash deal at $123 per share

onsemi and Synaptics amended their merger to a $5.7B all-cash deal at $123 per share, down from the original ~$7B agreement. The revision cuts onsemi's cost by about $1.3B and is expected to be immediately accretive with $200M+ of annual synergies.

Detected & updated continuously · Source: Nebula