NXP Semiconductors (NXPI) Reportedly In Takeover Talks with Intel (INTC) and Qualcomm (QCOM)
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NXP Semiconductors NV (Nasdaq: NXPI) is seeing interest in pre-open trade Friday on reports from Reuters, citing a Dutch newspaper, that the company is in takeover talks with Intel (Nasdaq: INTC), Qualcomm (Nasdaq: QCOM) and others.
"The signals about an approach are now serious and are too strong to ignore," a banker was quoted as saying.
Shares of NXP last traded at $34.40, up 4 percent from Thursday's close.
"The signals about an approach are now serious and are too strong to ignore," a banker was quoted as saying.
Shares of NXP last traded at $34.40, up 4 percent from Thursday's close.
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