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

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