Qualcomm Keeps Dancing With NXP Semiconductors

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When NXP shareholders commit their stubs to Qualcomm's offer, the shares may be withdrawn at any time.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:

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Source: Fool.com