Synaptics deal revamp
ON is rallying violently on news it amended its merger agreement with Synaptics, cutting the deal to roughly $5.7B, which traders are reading as a favorable repricing for ON.
Sources: https://www.tradingview.com/news/benzinga:c01c8db45094b:0-synaptics-stock-is-trending-syna-jumps-15-after-hours-on-amended-merger-deal-with-on-semiconductor/, https://www.stoc
Sources
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