Wednesday, July 25, 2018

Qualcomm-NXP deal off

As expected, China’s regulatory approval for the takeover of NXP by Qualcomm had not been received by the deadline of midnight New York time yesterday and the deal has been called off. “We obviously got caught up in something that was above us,” says Qualcomm CEO Steve Mollenkopf. The US-China trade spat scuppered the deal. ...

This story continues at Qualcomm-NXP deal off

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