Qualcomm raises offer for NXP, Elliott backs new bid
https://www.reuters.com/article/us-nxp-semicondtrs-m-a-qualcomm/qualcomm-raises-offer-for-nxp-elliott-backs-new-bid-idUSKCN1G41AE
U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the previous proposal.