1. Elliott Says Chipmaker NXP Worth More than Qualcomm's Offer

    Elliott Says Chipmaker NXP Worth More than Qualcomm's Offer

    REUTERS - Activist investor Elliott Management Corp said on Monday that NXP Semiconductors NV is worth $135 per share on an intrinsic standalone basis, more than the $110 Qualcomm Inc has offered to buy the company...

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    1. We believe NXP's prospects are bright. Approximately half of NXP's revenue is exposed to exciting growth engines of the semiconductor market – automotive and industrial.
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