Hedge funds hit by Qualcomm-NXP deal collapse

Hedge funds hit by Qualcomm-NXP deal collapse

5 years ago
Anonymous $RBasgWKaIV

https://www.reuters.com/article/us-nxp-semicondtrs-qualcomm-hedgefunds/hedge-funds-hit-by-qualcomm-nxp-deal-collapse-idUSKBN1KG2F2

Hedge funds betting Qualcomm would succeed in a $44 billion bid for NXP Semiconductors face steep losses after the deal fell through - taking the shine off a strong start to the year for many funds.