Chipmaker Allegro Microsystems calls Onsemi's $6.9B takeover bid as “inadequate”; Allegro had a ~$4.9B market cap as of March 5, while Onsemi's stood at $19.6B Bloomberg : Bloomberg 2025-03-06 Allegro, Bloomberg, Chipmaker Allegro Microsystems, Onsemi, Onsemi, ~$4.9B Related Coverage Onsemi puts forward “unsolicited proposal” to acquire Allegro MicroSystems DatacenterDynamics onsemi Proposes to Acquire Allegro MicroSystems for $35.10 Per Share in Cash ON Semiconductor onsemi confirms $7bn hostile bid for Allegro Microsystems eeNews Europe Allegro MicroSystems turns down Onsemi's ‘inadequate’ $6.9 billion offer Reuters Onsemi Discloses Offer to Acquire Allegro MicroSystems Wall Street Journal Allegro MicroSystems Board Deems ON Semiconductor's $6.9B Offer ‘Inadequate’ Benzinga Onsemi makes $6.9 billion bid for Allegro Microsystems Axios