Qualcomm Extends Offer for NXP

Frankly, the deal was done so long ago that it had slipped our minds, but now Qualcomm has extended its offer to buy NXP, a deal that was due to be concluded by Oct 27th, but has still not been cleared by regulators in Europe. (Qualcomm to Buy NXP for $47 billion)

Analyst Comment

Some analysts believe that Qualcomm will have to increase its offer price as the price of NXP stock has risen this year.