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Onsemi revises its Synaptics acquisition to a ~$5.7B all-cash offer, down from the ~$7B all-stock deal announced in June, after Synaptics received another bid (Elias Schisgall/Wall Street Journal)

ON Semiconductor says it will pay $123 a share for Synaptics, giving the deal a value of around $5.7 billion

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at wsj.com →

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