NXP launches $5 billion buyback after Qualcomm deal fails

NXP launches $5 billion buyback after Qualcomm deal fails

6 years ago
Anonymous $RBasgWKaIV

https://www.reuters.com/article/us-nxp-semicondtrs-m-a-qualcomm/nxp-launches-5-billion-buyback-after-qualcomm-deal-fails-idUSKBN1KG1Q4

NXP Semiconductors followed Qualcomm Inc in announcing share buybacks worth billions of dollars on Thursday as the companies sought to compensate investors for the collapse of their $44 billon merger due to Chinese opposition.

NXP launches $5 billion buyback after Qualcomm deal fails

Jul 26, 2018, 1:42pm UTC
https://www.reuters.com/article/us-nxp-semicondtrs-m-a-qualcomm/nxp-launches-5-billion-buyback-after-qualcomm-deal-fails-idUSKBN1KG1Q4 >NXP Semiconductors followed Qualcomm Inc in announcing share buybacks worth billions of dollars on Thursday as the companies sought to compensate investors for the collapse of their $44 billon merger due to Chinese opposition.