Qualcomm Enters into Amended Definitive Agreement with NXP

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Elliott Says it Welcomes Qualcomm's (QCOM) Increased Offer Consideration of $127.50 Per NXP (NXPI) Share

February 20, 2018 6:39 AM EST

Elliott Advisors (UK) Limited (Elliott), which advises funds that collectively constitute one of the largest shareholders in NXP Semiconductors N.V. (NASDAQ: NXPI) (NXP or the Company), announced today that it has entered into a tender and support agreement with Qualcomm River Holdings, B.V., a subsidiary of QUALCOMM Incorporated (Qualcomm), in connection with Qualcomm River Holdings agreement to improve the terms of its offer to acquire all of the outstanding shares of... More