https://finance.yahoo.com/news/qualcomms-43-billion-nxp-deal-224651718.html

NXP’s U.S. shares surged 10 percent to $124.30 in late trading. San Diego-based Qualcomm is offering $127.50 a share in cash for its Dutch rival. Shares of the U.S. company gained 3 percent to $61.25.

lawmakers are pushing to keep stiff sanctions on the company, leaving the agreement’s prospects unclear." data-reactid="26">China’s review of Qualcomm’s largest-ever acquisition has been languishing amid an escalating trade fight between the U.S. and China, with NXP and Chinese telecom giant ZTE Corp. becoming bargaining chips in the negotiations. ZTE shares began trading again in Hong Kong earlier this week after the company agreed to a settlement with the U.S. Commerce Department over its business practices, but Senate lawmakers are pushing to keep stiff sanctions on the company, leaving the agreement’s prospects unclear.