💨 Abstract

chipmaker Onsemi has made a renewed cash offer of $35.10 per share to acquire Allegro MicroSystems, following six months of rejections. This offer is 1.73% higher than its previous one from 2024. If accepted, the deal would value Allegro MicroSystems at $6.46 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

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