Qualcomm (QCOM) in Talks to Acquire NXP Semiconductors (NXPI) - DJ

September 29, 2016 1:11 PM EDT

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

(Updated - September 29, 2016 1:13 PM EDT)

Qualcomm (NASDAQ: QCOM) is in talks to acquire NXP Semiconductors (Nasdaq: NXPI), according to Dow Jones. The report said a deal could be stuck in the next two to three months. The takeover could value the company at more than $30 billion.

Shares of NXP Semiconductors were halted briefly after spiking higher.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Hot M&A, Mergers and Acquisitions, Rumors, Trader Talk, Trading Halts

Related Entities

Definitive Agreement

Add Your Comment