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 Tendered shares may be withdrawn at any time, and there has frankly been a lot of that going on here.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