Is Qualcomm Losing Grip On The Nxp Deal?

Discussion in 'Stock Market Forum' started by Rob Phill, Sep 7, 2017.

  1. Rob Phill

    Rob Phill Member

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    European commission for the second time have paused its investigation on $QCOM's acquisition of NXP semiconductor. The antitrust regulators fear that this deal might trigger a rise in prices and might also reduce innovation in the semiconductor industry. http://alph.st/pb9a4874
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    Doesn't look as though the markets are too impressed with the deal/delay?

    [​IMG]

    Would it be better for Qualcomm shareholders if the deal was called off?
     
  3. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Bought 100 shares of QCOM early this year on the big dip. Have been disappointed with the results.
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    The chart does not look good at the moment - not obvious where the next support might be.
     
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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  6. longtermbull

    longtermbull Administrator Staff Member

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    Interesting - and everyone thought this move was on the back of the ongoing battle with Apple.
     
  7. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Sold my last 20 shares earlier at $64.70.
     
  8. Chartman

    Chartman Senior Investor

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    Not sure any predator is going to pay over the odds while there is so much uncertainty surrounding the company. Is this interest opportunistic or serious? I would be inclined to sell into strength if I had any shares :)
     
  9. longtermbull

    longtermbull Administrator Staff Member

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    Looks like the NXP deal will go through whether or not Qcom is taken over by Broadcom.
     
  10. Chartman

    Chartman Senior Investor

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    The share price is circa 10% under the original offer price valuation which suggests to me it will not go through?
     

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