27-10-2016 17:32 via feedproxy.google.com

ANOTHER WALL STREET PAYDAY: Banks could earn $150 million from a huge tech deal (QCOM, NXPI)

Another huge deal was announced Thursday, and it could once again mean a big payday for Wall Street.
The smartphone-chip maker Qualcomm has agreed to buy NXP Semiconductors for $47 billion in an all-cash deal.
The deal is the largest in the history of the semiconductor industry, and it is part of a frenzy of multibillion-dollar deals in the sector over the past 20 months.
The two companies aim to form a behemoth that leads in the growing markets for car infotainment systems and internet-of-thing
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