onsemi to acquire Synaptics for $5.7B in revised merger agreement

onsemi and Synaptics amended their merger agreement, with onsemi acquiring Synaptics for $123 per share in cash, totaling approximately $5.7 billion, down from the prior $7 billion deal.

“The all-cash transaction delivers higher value to our shareholders through lower total cost consideration, and we now expect the transaction to be immediately accretive to non-GAAP EPS upon closing.”indovizka.com

• 1 source
• indovizka.comonsemi and Synaptics Announce Revised Merger AgreementRedaksiJan 21, 2018

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