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Qualcomm for NXP Opens Door to Broadcom for Xilinx, Says Mizuho

Both NXP Semiconductors (NXPI) and Qualcomm (QCOM) popped this afternoon following a report by Bloomberg’s Alex Sherman and Ian King saying that the companies are “making progress” toward Qualcomm buying NXP, saying the two parties are “less than 10 percent” from an agreed price for a take-out, citing multiple unnamed sources. The authors also write that Qualcomm “is the only company in talks to acquire NXP.
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