http://m.scmp.com/business/companies/article/2150894/chinese-regulators-approve-qualcomm-purchase-nxp-us44-billion
11 replies (most recent on top)
According to CNBC, China might approve N-Q deal on Monday
Shareholders have absolutely been withholding their submissions until approval.
Wouldn’t you? The tendering process takes a week or so if you change your mind and subsequently withdraw.
Why would a stockholder lose their agility when there is no tangible benefit?
Fake news
fake news!
NXPI is NOT worth their current valuation. It's inflated and artificial. QCOM should not pay above the offered price.
N stocks will jump tomorrow. Q will extend the tender one last time for 1-2 weeks because tomorrow the current tender offer expires. Time is too short to achieve 70% stocks because it's now around 5%.
The question is what will happen if N stocks exceeds Q's last offer of 127.5 in the coming days?
-
Q must sweeten the offer again
-
N stocks will be kept artificially below 127,5 so that Q doesn't need to sweeten the offer.
In both cases both companies will spend or lose a lot of money. They anyway lost at least 2 quarters of time window because of EU and China approvals. And we don't know yet what Q promised China for the deal.
Both companies will have 1-2 weeks of time for next earning call. Investors are hungry to see 1B$ saving promise immediately, at least by the end of the year.
More layoffs are coming !!!
Congratulations!
I told you Jesus Christ would protect Qualcomm!
Thank you Jesus!!!
Yup - be prepared for the rocky ride ahead. Stock goes up in short term but what then ....
Let the "synergies" begin!
Q get ready for European inefficiency !!
I wonder if NXP shareholders have been withholding their tender offers to wait for regulatory approval...I don't see why they would, but maybe it will go forward now.