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Recently owners of NXPI received the formal paper offer to purchase NXPI for $110 per share by Qualcomm. The boards have approved the offer. It is an offer of cash for all shares.

NXP investors need to vote on it next January 27, and the offer expires on February 7.

NXPI closed around yesterday at less than $100. If it stays below $100 this week, purchasers of shares stand to gain 10%. Is this actually a deal or am I missing something?
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