Paul Singer wants Qualcomm to up its bid for NXP

(New York Post) Activist investor Paul Singer wants Qualcomm to pony up more cash in its bid to acquire NXP Semiconductors.“We believe the current $110 offer is not even in the right zip code and a credible offer from Qualcomm requires a price in excess of our estimate of NXP’s intrinsic standalone fair value of $135 per share.

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