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Onsemi Withdraws Proposal to Acquire Allegro MicroSystems
April 15, 2025
SCOTTSDALE, Arizona, April 15 -- Onsemi, a semiconductors supplier company, issued the following news:

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onsemi Withdraws Proposal to Acquire Allegro MicroSystems

SCOTTSDALE, Ariz. - April 14, 2025 - onsemi (NASDAQ: ON) today announced that it has terminated its efforts to acquire Allegro MicroSystems, Inc. ("Allegro") (NASDAQ: ALGM) and withdrawn its all-cash proposal to acquire Allegro for $35.10 per share.

While onsemi continue . . .

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