Elliott discloses NXP stake, to push for higher price in Qualcomm deal
Activist investor Elliott Management Corp on Friday disclosed a 6 percent stake in chipmaker NXP Semiconductors NVand indicated it was pushing for a higher price tag in NXP's pending sale to Qualcomm Incfor $38 billion in cash.Elliott's stake, valued at roughly $2.2 billion to $2.3 billion, makes it NXP's largest shareholder, and the hedge fund's biggest activist shareholder campaign involving a semiconductor company to date.NXP shares were trading up 1.7 percent at $112.50, just above Qualcomm'
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