Synaptics Deal in Doubt After Poor Earnings Rattle Shares

Updated on
  • China-backed buyer no longer in active talks for chipmaker
  • Synaptics shares down 18 percent since April 28 earnings

Synaptics Inc. and a Chinese buyer group are no longer in active discussions about a deal, according to people familiar with the matter, after the San Jose, California-based chipmaker in April missed earnings and sales estimates from analysts, sending its shares tumbling.

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