Entering text into the input field will update the search result below

Synaptics reportedly close to buyout deal with Chinese group; shares +35.8%

Jan. 20, 2016 3:32 PM ETSynaptics Incorporated (SYNA) StockSYNABy: Eric Jhonsa, SA News Editor12 Comments
  • Bloomberg reports Synaptics (NASDAQ:SYNA) is "moving closer" to a deal to be acquired by a state-backed Chinese investment group for over $110/share (about $4B). Shares have soared above $84 in response.
  • A deal could reportedly be reached in early March, following the Chinese New Year. In September, Bloomberg reported Synaptics rejected a $110/share buyout offer from a Chinese group. U.S. regulators have often closely vetted acquisitions of American companies by Chinese firms.
  • Earlier today: Oppenheimer downgrades Synaptics on smartphone concerns

Recommended For You

About SYNA Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
SYNA--
Synaptics Incorporated