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Elliott Calls Qualcomm's $37.7B NXP Bid 'Opportunistic'

By Adam Rhodes (December 11, 2017, 4:07 PM EST) -- A subsidiary of NXP Semiconductors NV's largest shareholder, Elliott Management Corp., on Monday called Qualcomm Inc.'s $37.7 billion buyout bid for the company "low and opportunistic," telling fellow shareholders in a letter that it believes NXP is worth $135 per share, valuing it at almost $45.8 billion....

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