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Elliott calls for Qualcomm to raise bid for NXP Semiconductors

Monday 11 December 2017 | 16:26 CET | News
Elliott Advisors has challenged Qualcomm to raise its bid for NXP Semiconductors to at least USD 135 per share from the current offer of USD 110. Elliott owns a 6 percent stake in NXP and released a letter and presentation it sent to other NXP shareholders to make the case for a higher bid. 

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Categories: Mobile & Wireless
Companies: NXP Semiconductors / Qualcomm
Countries: World
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