Chip maker Qualcomm Inc. said Friday it has extended its cash tender offer for NXP Semiconductors N.V. to 5.00 p.m. Eastern Time on April 2. The company is offering to buy NXP in a deal valued at about $44 billion. Qualcomm said so far, shareholders representing 15.1% of outstanding NXP shares have validly tendered them. Qualcomm itself was the subject of an unsolicited bid from Broadcom Inc. until President Donald Trump blocked the Singapore company earlier this month. Qualcomm shares were down 0.5% in premarket trade, while NXP was up 1.9%. S&P 500 futures were down 0.2%.
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