The bid was raised after the company was pressured by shareholders led by activist hedge fund Elliott Management. Qualcomm agreed to buy NXP for about $38 billion more than a year ago, but some NXP shareholders resisted a sale seeking a better price ...
Qualcomm Enters into Amended Definitive Agreement with NXP
PR Newswire (press release)
Qualcomm raises offer for NXP to $127.50/share