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Elliott buys NXP stake, raising pressure on Qualcomm

2017-08-07 08:38:00| Telecompaper Headlines

(Telecompaper) The activist investor Elliott Management has acquired a 6 percent stake in chipmaker NXP Semiconductors and said it would push for a higher price from Qualcomm in its takeover of NXP. Elliott's stake, valued at USD 2.2-2.3 billion, makes it NXP's largest shareholder, Reuters reports.

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Activist investor buys 6% of NXP

2017-08-07 02:00:00| Total Telecom industry news

Activist investor Elliott Management late last week revealed it has acquired a 6% stake in NXP Semiconductors, heaping further pressure on rival chipmaker Qualcomm to raise its bid for the company. Elliott said in an SEC filing on Friday it believes NXP's shares are "…read more on TotalTele.com »

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Trillium and NXP partner on automotive cybersecurity

2016-11-18 11:55:23| Green Car Congress

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NXP and DAF Trucks commit to set new benchmark in truck platooning: 30x faster than human reaction time

2016-11-08 12:55:26| Green Car Congress

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Qualcomm to acquire NXP for ~$38B; semiconductor engine for connecred world

2016-10-27 19:55:27| Green Car Congress

Tags: world engine acquire semiconductor

 

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