HALISTER: NXP Semi Said to Be Looking for $120/Shr, CNBC’s Faber Says

NXP Semi Said to Be Looking for $120/Shr, CNBC’s Faber Says

(Bloomberg) -- NXP Semiconductor speculated to want $120/shr for takeout, CNBC’s David Faber and Jim Cramer said, without saying where they got info.
  • Earlier, NXP SEMI/QUALCOMM STREET WRAP: Merger Would Be Highly Accretive
  • Shrs up another 6% today after closing up ~17% yday
  • NOTE: Yday, Qualcomm Said to Be in Talks to Acquire NXP Semiconductors: DJ
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
NXPI US (NXP Semiconductors NV)
QCOM US (QUALCOMM Inc)

People
David Faber (CNBC Inc)
James Cramer (TheStreet Inc)

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