BRIEF-Allegro Confirms Receipt Of Unsolicited Proposal From Onsemi-February 2024-www.financetom.com

BRIEF-Allegro Confirms Receipt Of Unsolicited Proposal From Onsemi

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BRIEF-Allegro Confirms Receipt Of Unsolicited Proposal From Onsemi

Mar 5, 2025 10:05 PM

March 6 (Reuters) - Allegro Microsystems Inc ( ALGM ):

* ALLEGRO CONFIRMS RECEIPT OF UNSOLICITED PROPOSAL FROM

ONSEMI

* ALLEGRO MICROSYSTEMS INC ( ALGM ) - BOARD DETERMINES ONSEMI

PROPOSAL

INADEQUATE

* ALLEGRO MICROSYSTEMS INC ( ALGM ) - RECEIVES UNSOLICITED PROPOSAL

FROM

ONSEMI TO ACQUIRE FOR $35.10 PER SHARE

* ALLEGRO CONFIRMS RECEIPT OF UNSOLICITED PROPOSAL FROM

ONSEMI

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