Qualcomm had said earlier in the day that it would drop its $44 billion bid for NXP - the world#39;s biggest semiconductor takeover - unless it received a last minute reprieve. If the deal is terminated, Qualcomm will pay a $2 billion deal breakup fee to NXP no later than 09:00 ET on July 26.Qualcomm#39;s $44 billion NXP offer deadline passes, no word from China
Qualcomm had said earlier in the day that it would drop its $44 billion bid for NXP - the world#39;s biggest semiconductor takeover - unless it received a last minute reprieve. If the deal is terminated, Qualcomm will pay a $2 billion deal breakup fee to NXP no later than 09:00 ET on July 26.
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