Is Qualcomm Getting Any Closer to Owning NXP Semiconductors?
It's time to take a look at Qualcomm's (NASDAQ: QCOM) tender offer for all shares of NXP Semiconductors (NASDAQ: NXPI). The number of shares committed to Qualcomm's $110 all-cash offer per share peaked in March before commencing a long line of steady declines.
Did that story change at all in October? Let's have a look.
When NXP shareholders commit their stubs to Qualcomm's offer, the shares may be withdrawn at any time. That was a popular option this summer, but Qualcomm is finally reporting an uptick in the tendered share counts:
Source: Fool.com
NXP Semiconductors NV Stock
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