Qualcomm Keeps Dancing With NXP Semiconductors
Qualcomm (NASDAQ: QCOM) has updated its tender offer for all shares of NXP Semiconductors (NASDAQ: NXPI) again. The number of shares committed to Qualcomm's $110 all-cash offer per NXP share saw a slight recovery in October after several months of steady declines. What's new in the November report?
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When NXP shareholders commit their stubs to Qualcomm's offer, the shares may be withdrawn at any time.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 been a popular option this summer, but Qualcomm is finally reporting an uptick in the tendered share counts:
Source: Fool.com
NXP Semiconductors NV Stock
€256.00
0.000%
The stock is one of the favorites of our community with 33 Buy predictions and 1 Sell predictions.
With a target price of 264 € there is a slightly positive potential of 3.13% for NXP Semiconductors NV compared to the current price of 256.0 €.
