Onsemi To Acquire Synaptics In $7 Bln All-Stock Deal

(RTTNews) – onsemi (ON) Thursday said it has agreed to buy Synaptics Inc. (SYNA) in an all-stock transaction valued at about $7 billion. Under the terms of the agreement, Synaptics shareholders will receive 1.35 shares of onsemi common stock for each Synaptics share, representing an approximately 19% premium to the companies’ combined 10-day…