Qualcomm gets hedge fund nod with raised offer for NXP

Qualcomm gets hedge fund nod with raised offer for NXP

6 years ago
Anonymous $v9r5mEH86V

https://www.reuters.com/article/us-nxp-semicondtrs-m-a-qualcomm/qualcomm-gets-hedge-fund-nod-with-raised-offer-for-nxp-idUSKCN1G41AE

U.S. chipmaker Qualcomm Inc raised its offer to buy NXP Semiconductors NV to $127.50 per share on Tuesday, and said it has the backing of the shareholder group led by hedge fund Elliott Management that opposed its previous proposal.