Qualcomm raises offer for NXP, Elliott backs new bid

Qualcomm raises offer for NXP, Elliott backs new bid

6 years ago
Anonymous $v9r5mEH86V

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.

Qualcomm raises offer for NXP, Elliott backs new bid

Feb 20, 2018, 1:21pm UTC
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.