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Broadcom's Deal to Buy Qualcomm for $5 Billion in Convertible Debt
Broadcom is in the midst of acquiring NXP semiconductors for $47 billion. Silver Lake's involved here using convertible debt to help finance the acquisition. This is not typically how things get done in this software world where Facebook buys you for stock. If it does close, what does that mean? Does the MXP deal go away? Will that go through regulatory approval?