ON Semiconductor CorporationON Semiconductor's stock fell 23.66% after announcing an all-stock acquisition of Synaptics, indicating investor disapproval of the deal's terms or value.
Pomerantz LLP is investigating claims on behalf of investors of ON Semiconductor Corporation regarding potential securities fraud or unlawful business practices. The investigation follows ON Semiconductor's June 25, 2026 announcement of an all-stock agreement to acquire Synaptics Incorporated, with Synaptics shareholders to receive 1.35 shares of ON Semiconductor stock per share, representing an enterprise value of around $7 billion. ON Semiconductor's stock price fell $28.09 per share, or 23.66%, to close at $90.65 per share on June 26, 2026. Investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, extension 7980.
ON Semiconductor CorporationON Semiconductor's stock fell 23.66% after announcing an all-stock acquisition of Synaptics, indicating investor disapproval of the deal's terms or value.
Synaptics IncorporatedSynaptics is the acquisition target; the impact is mixed as shareholders receive ON Semiconductor stock, whose value dropped significantly post-announcement.