Tag Archives: Qualcomm

NXP Semiconductors Announces Automatic Extension of End Date of Transaction with Qualcomm

By | January 25, 2018

EINDHOVEN, The Netherlands, Jan. 25, 2018 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI) today announced that in accordance with the terms of the Purchase Agreement with Qualcomm, the End Date of the transaction with Qualcomm has been automatically extended to April 25, 2018. NXP continues to support and recommend the Qualcomm offer for acceptance to NXP shareholders. About NXP Semiconductors NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a… Read More »

NXP Investors Stand to Gain From a Chip-Stock Rally and Qualcomm’s Desperation

By | August 7, 2017

I noted two months ago that activist Elliott Management’s reported push (recently confirmed) to get NXP Semiconductors NV (NXPI) to obtain a higher sale price from Qualcomm Inc.  (QCOM) had a good chance of paying off, given how chip stocks have performed since Qualcomm inked a $47 billion deal last October to buy NXP and how much Qualcomm needs the diversification and growth opportunities… Read More »