HALISTER: Qualcomm to Buy NXP for $110.00/Shr in Cash

Qualcomm to Buy NXP for $110.00/Shr in Cash

(Bloomberg) -- Qualcomm sees deal significantly adding to earnings.
  • Tender offer not subject to financing conditions
  • QCOM to fund deal with cash on hand and new debt
    • Deal “structured to enable tax efficient use of offshore cash flow to rapidly reduce leverage”
Statement: Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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

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