onsemi (ON) to acquire Synaptics (SYNA) in $7B all-stock deal announced 4:15 PM ET Thursday June 25 — 1.350 ON shares per SYNA share, 19% 10-day VWAP premium; ON -23.66% to $90.65 on Friday June 26 (biggest one-day drop in years) as Street fades the 'physical AI' pivot, SYNA -3.68% to <meta name="viewport" content="width=device-width, initial-scale=1.0" />21.00

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