Allegro Microsystems Inc. is drawing takeover interest from larger competitor ON Semiconductor Corp., according to people ...

Allegro Microsystems (ALGM), a manufacturer of sensor and power integrated circuits (ICs), is seeing takeover interest from ...

Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) jumped 22.3% in the morning session after Bloomberg reported the ...

Allegro Microsystems (ALGM) stock gained due to interest from ON Semiconductor. ON looking to acquire Allegro for automotive ...

Yahoo Finance host Josh Lipton tracks the day's biggest stocks in this Market Minute. AbbVie (ABBV) announced a licensing ...

ON Semiconductor Corporation (NASDAQ:ON) is reportedly exploring the acquisition of Allegro Microsystems Inc. (NASDAQ:ALGM) ...

ON Semiconductor is exploring a potential acquisition of Allegro MicroSystems, it emerged on Monday, as the chip sector ...

Shares of Allegro MicroSystems jumped after Bloomberg reported that the company is being pursued for a takeover by On Semiconductor. The stock was up 13% at $25.22 in premarket trading on Monday.

Mizuho analyst Vijay Rakesh keeps Outperform ratings on both Allegro MicroSystems (ALGM) and On Semiconductor (ON) after Bloomberg reported On ...

Onsemi has been working with advisers in recent months to pursue Allegro, the Bloomberg report said, adding that it's ...

The stock movement reflects market optimism following a Bloomberg report over the weekend, which suggested that ON Semiconductor is working with advisors on a potential deal. Additionally, the ...