Qualcomm's Buyout of NXP Semiconductors Doesn't Look Too Solid Anymore
It's time for another review of Qualcomm's (NASDAQ: QCOM) tender offer for all shares of NXP Semiconductors (NASDAQ: NXPI). A month ago, the number of shares committed to Qualcomm's $110 all-cash offer per share had been dwindling steadily from a peak in early March. So what's new? Let's have a look.
When NXP shareholders commit their stubs to Qualcomm's offer, there's nothing terribly permanent about that commitment. Tendered shares may be withdrawn at any time, and there has frankly been a lot of that going on here.
Offer Update
Source: Fool.com
NXP Semiconductors NV Stock
€230.00
-0.430%
With 36 Buy predictions and 2 Sell predictions NXP Semiconductors NV is one of the favorites of our community.
As a result the target price of 270 € shows a slightly positive potential of 17.39% compared to the current price of 230.0 € for NXP Semiconductors NV.
