NXP Semiconductors Said to be +Near Deal to Acquire Freescale Semiconductor


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NXP Semiconductors NV NASDAQ: NXPI) is near a deal to acquire smaller Freescale Semiconductor Ltd (NYSE: FSL) in a $40 billion merger, according to sources as reported by

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Reuters. The report says NXP will pay a little more than the current $11 billion valuation for Freescale.Spokespersons for NXP Semiconductors and Freescale Semiconductor were not immediately available for comment.Freescale Semiconductor shares closed Friday at $36.11, a gain of $0.14.
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