RBC Sees Increasing Probability on NXPI/QCOM Approval
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June 8, 2018 7:31 AM EDT
Qualcomm Incorporated (NASDAQ: QCOM) today announced that Qualcomm River Holdings B.V., an indirect wholly owned subsidiary of Qualcomm, has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding common shares of NXP Semiconductors N.V. (NASDAQ: NXPI). The tender offer is being made pursuant to the Purchase Agreement, dated as of October 27, 2016, by and between Qualcomm River Holdings B.V. and NXP, as amended (the "Purchase Agreement"). The tender offer is now... More
June 7, 2018 9:40 AM EDT
Popular stocks with increasing unusual option volume: PBR SNAP QCOM
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June 7, 2018 9:12 AM EDT
(Updated - June 7, 2018 9:15 AM EDT)
China is ready to sign off on Qualcomm's (Nasdaq: QCOM) acquisition of NXP (Nasdaq: NXPI), according to the Wall Street Journal, citing a person with knowledge of the matter.
"The deal should be cleared very soon," a person reportedly said.
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June 6, 2018 2:00 PM EDT
Former Qualcomm CEO Paul Jacobs is starting a new 5G company while still pursuing Qualcomm (NASDAQ: QCOM) takeover - CNBC
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June 5, 2018 4:04 PM EDT
By Karen Freifeld
(Reuters) - ZTE Corp has signed an agreement in principle that would lift a U.S. Commerce Department ban on buying from U.S. suppliers, allowing China's No. 2 telecommunications equipment maker to get back into business, according to sources familiar with the matter.
ZTE ceased major operations since the seven-year ban was imposed on the company in April for breaking a 2017 agreement reached after it was caught illegally shipping goods to Iran and North Korea.
A Commerce Department spokesman said on Tuesday that "no definitive agreement has been signed by both parties."... More
