Qualcomm has not heard indication of NXP approval forthcoming, CNBC reports With the deadline for approval of its proposed acquisition of NXP Semiconductors (NXPI) tomorrow, Qualcomm (QCOM) has not heard any indication that an approval by China is forthcoming, CNBC's David Faber reports, citing sources. If the deal is not approved, it would signal increasing tensions between the U.S. and China, sources tell Faber.
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Praise be!
@1prj is fake news
08:2307/24/1807/2408:2307/24/1808:23 Periodicals Qualcomm in last minute talks on NXP deal in China, Dealreporter says »Qualcomm (QCOM)…Qualcomm (QCOM) representatives have been in last minute talks with Chinese officials as it seeks to secure approval for its planned purchase of NXP Semiconductors (NXPI), with China's State Administration for Market Regulation, or SAMR, said to have been taking part in the discussions, said Dealreporter, according to contacts. Details on the talks are not known, but Qualcomm is said to "remain hopeful but uncertain," the report added, according to contacts.
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1 print "Failure on failures "
2 goto line 1
run
It's Q and N who set the deadline, not China.