Shares of the U.S.-based Allegro MicroSystems (ALGM) plunged sharply after rival On Semiconductor or Onsemi (ON) walked away ...

Onsemi (ON) announced that it has terminated its efforts to acquire Allegro MicroSystems (ALGM) and withdrawn its all-cash proposal to acquire ...

SCOTTSDALE, Ariz., April 17, 2025--onsemi (Nasdaq: ON) plans to announce its financial results for the first quarter, which ended April 4, 2025, before the market opens on Monday, May 5 ...

Allegro MicroSystems Turns Down Onsemi's 'Inadequate' $6.9 Billion Offer By Pretish M J and Mrinmay Dey (Reuters) -Semiconductor solutions provider Allegro MicroSystems on Thursday rebuffed a $6.9 ...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--onsemi (NASDAQ: ON) today announced that it has terminated its efforts to acquire Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM) and withdrawn its ...