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Read More »Qualcomm’s sweetened offer for NXP prompts Broadcom rebuke
Bloomberg Qualcomm Inc. raised its offer for NXP Semiconductors NV and cut a deal with investors who had been threatening to hold up the transaction— prompting a sharp response from its own hostile suitor Broadcom Ltd. Qualcomm’s sweetened offer of $127.50 a share—16 percent more than the previous price—was enough to secure support from holders, including activist Elliott Management Corp., ...
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