1. Elliott Wants Higher Price for Qualcomm-NXP Deal

    Elliott Wants Higher Price for Qualcomm-NXP Deal

    Activist investor Elliott Management disclosed a 6 per cent stake in NXP Semiconductors and said the chipmaker’s shares were “significantly undervalued”, indicating it wants Qualcomm to pay more to acquire it than the planned $38 billion. Elliott’s stake is valued at between $2.2 billion to $2.3 billion...

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