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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| QUALCOMM Inc | NASDAQ:QCOM | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 16.39 | 9.99% | 180.50 | 180.50 | 180.81 | 181.69 | 175.29 | 175.41 | 26,104,291 | 00:55:29 |
From May 2019 to May 2024
By Austen Hufford
Fewer shareholders of NXP Semiconductors NV (NXPI) have tendered their shares for a takeover by Qualcomm Inc. (QCOM).
In February, Qualcomm raised its bid to $44 billion and locked in key support from stakeholders.
Still, completing the purchase requires at least 70% of shares tendered. As of Thursday, the percentage of shares tendered was 15.1%, down from about 16.5% earlier in the month but up from about 1.5% of in early February.
Qualcomm also said Monday that it is, again, extending the length of its tender offer to buy NXP Semiconductors NV.
The offer will now expire April 2 at 5 p.m., the company said.
The deal was announced in 2016 and its length has been extended numerous times. The offer was previously slated to end Friday.
Broadcom Ltd. (AVGO) withdrew its takeover of Qualcomm this month due to Trump administration pressure.
Write to Austen Hufford at Austen.Hufford@wsj.com
(END) Dow Jones Newswires
March 23, 2018 08:23 ET (12:23 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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