Allegro drawing takeover interest by ON Semiconductor

M&A News: Allegro ($ALGM) Reportedly Sees Takeover Interest from Larger Rival On Semiconductor
Allegro Microsystems (ALGM), a manufacturer of sensor and power integrated circuits (ICs), is seeing takeover interest from larger rival On
Allegro Said to Draw Takeover Interest From ON Semiconductor
Allegro Microsystems Inc. is drawing takeover interest from larger competitor ON Semiconductor Corp., according to people familiar with the matter.Most Read from BloombergCuts to Section 8 Housing Ass
Allegro MicroSystems Shares Climb on Reported Takeover Interest
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. Shares were trading at $32.48 this time a year ago.
ON Semiconductor reportedly mulling Allegro takeover bid
ON Semiconductor is exploring a potential acquisition of Allegro MicroSystems, it emerged on Monday, as the chip sector looked to consolidate amid an uncertain demand outlook.
Allegro drawing takeover interest from ON Semiconductor, Bloomberg News reports
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 ...
Allegro Stock Leaps on Report ON Semi Could Seek to Buy It
Allegro stock gained 20% to $26.78 in morning trading, on track for its largest daily percentage increase on record, according to Dow Jones Market Data. ON Semi has been working w
These Stocks Are Moving the Most Today: Intel, MicroStrategy, Tesla, Super Micro, Allegro Microsystems, Sunnova Energy, and More
Intel jumps as a report says Nvidia and Broadcom are testing the chip company’s 18A manufacturing process, MicroStrategy ...
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ON Semiconductor Eyes Allegro Microsystems Acquisition to Expand Automotive Chip Business
ON Semiconductor Corporation (NASDAQ:ON) is reportedly exploring the acquisition of Allegro Microsystems Inc. (NASDAQ:ALGM) ...
Mizuho sees 10% cost synergies from On acquiring Allegro
Mizuho analyst Vijay Rakesh keeps Outperform ratings on both Allegro MicroSystems (ALGM) and On Semiconductor (ON) after Bloomberg reported On ...
AbbVie, Reddit, Allegro MicroSystems: Market Minute
Yahoo Finance host Josh Lipton tracks the day's biggest stocks in this Market Minute. AbbVie (ABBV) announced a licensing ...
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Allegro MicroSystems
Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. Its sensor ICs enable customers to ...
New York State Common Retirement Fund Sells 209,384 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)
New York State Common Retirement Fund reduced its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM – Free Report) by 34.8% in the 4th quarter, according to its most recent disclosure with the ...