Is Qualcomm's Grip on NXP Semiconductors Getting Any Tighter?

Is Qualcomm's Grip on NXP Semiconductors Getting Any Tighter?

Chip giant Qualcomm (NASDAQ: QCOM) has updated its tender offer for every share of automotive computing expert 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, then dipped to new lows in November. What's new in the December report?

Let's have a look.

When NXP shareholders commit their stubs to Qualcomm's offer, the shares may be withdrawn at any time.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

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Source: Fool.com