What's Going On With Qualcomm's Buyout of NXP Semiconductors?
It's time to take a look at Qualcomm's (NASDAQ: QCOM) tender offer for all shares of NXP Semiconductors (NASDAQ: NXPI). The number of shares committed to Qualcomm's $110 all-cash offer per share have been dwindling steadily from a peak in early March.
Did that trend continue in September? Let's have a look.
When NXP shareholders commit their stubs to Qualcomm's offer, the shares may be withdrawn at any time. That's been a popular option this summer:
Source: Fool.com