Onsemi Withdraws Proposal To Acquire Allegro MicroSystems
ReutersApr 14, 2025 9:47 PM
April 14 (Reuters) - ON Semiconductor Corp ON.O:
ONSEMI WITHDRAWS PROPOSAL TO ACQUIRE ALLEGRO MICROSYSTEMS
ON SEMICONDUCTOR CORP - ONSEMI WITHDRAWS PROPOSAL TO ACQUIRE ALLEGRO MICROSYSTEMS FOR $35.10 PER SHARE
ON SEMICONDUCTOR CORP - ONSEMI TO CONTINUE CAPITAL ALLOCATION TOWARDS SHARE REPURCHASE PROGRAM
ONSEMI: DECIDED TO WITHDRAW ACQUISITION PROPOSAL GIVEN RELUCTANCE OF ALLEGRO'S BOARD TO FULLY ENGAGE AND EXPLORE OUR PROPOSAL
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