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Actionable news in QCOM: QUALCOMM Incorporated,

Qualcomm (QCOM) Stock Higher, Prices NXP Acquisition

NEW YORK (TheStreet) -- Shares of Qualcomm (QCOM) were up in early-morning trading on Friday as CNBC reports that the chipmaker has agreed to pay $110 a share for NXP Semiconductors.

The two companies are nearing the conclusion of the deal, sources told CNBC.

NXP stock was trading lower this morning.

Bloomberg reported yesterday afternoon that the two companies could announce an all-cash deal between $110 and $120 a share as soon as next week.

The announcement could come when NXP or Qualcomm report...


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