Allegro MicroSystems (NASDAQ:ALGM) has drawn takeover interest from ON Semiconductor (NASDAQ:ON), Bloomberg reported Sunday, ...

Allegro Microsystems Inc. is drawing takeover interest from larger competitor ON Semiconductor Corp., according to people familiar with the matter.Allegro rose as much as 22%, its biggest gain ...

(Reuters) -Sensor integrated circuits provider Allegro Microsystems is drawing takeover interest from larger competitor ON Semiconductor, Bloomberg News reported on Sunday, citing people familiar ...

Allegro MicroSystems, Inc. (NASDAQ:ALGM) shares are trading higher premarket on Thursday after it disclosed receiving a proposal from ON Semiconductor Corporation (NASDAQ:ON) for $35.10 per share ...

Allegro stock surged 19% after reports of takeover interest from ON Semiconductor. ON Semiconductor eyes Allegro to expand its automotive chip business amid industry shifts. Unlock your all-in-one ...

ON Semiconductor Corp. scrapped efforts to acquire Allegro MicroSystems Inc., withdrawing a bid of $35.10 a share. ON Semiconductor, which does business as Onsemi, determined that there was “no ...

Allegro MicroSystems, Inc. is a potential takeover target by ON Semiconductor, which could expand ON's portfolio in magnetic sensing and power segments. The automotive industry is currently ...

On March 5, ON Semiconductor ON announced an all-cash offer of $35.10 per share for Allegro MicroSystems ALGM, which implies an enterprise value of $6.9 billion. This valuation is a 57% premium to ...

March 6 (Reuters) - Semiconductor solutions provider Allegro MicroSystems (ALGM.O), opens new tab on Thursday rebuffed a $6.9 billion takeover approach from Onsemi (ON.O), opens new tab ...

March 2 (Reuters) - Sensor integrated circuits provider Allegro Microsystems (ALGM.O), opens new tab is drawing takeover interest from larger competitor ON Semiconductor (ON.O), opens new tab ...

Read: ON Semiconductor Focuses On AI Chip Growth, To Cut 2,400 Jobs to Stay Competitive Hassane El-Khoury, President and Chief Executive Officer of onsemi said, “The Allegro team has built an ...