Synaptics Target Of Renewed Takeover Speculation

By | January 21, 2016

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Synaptics (SYNA), a maker of touch-interface technology for smartphones and PCs, has seen its shares rocked by reports that a Chinese investment firm might purchase it. Synaptics stock jumped nearly 27% on Wednesday after Bloomberg reported that the Chinese firm was close to a deal to buy the San Jose, Calif.-based company for more than $110 a share. The deal, which the companies could reach by early March, would value Synaptics at about $4 Scalper1 News

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