Jim Cramer: Jury Is Out on Approval of Qualcomm/NXP Merger
Jim Cramer says the jury is still out over whether the government will give its blessing to Qualcomm's acquisition of NXP Semiconductors.
Jim Cramer said the jury is still out over whether the government will give its blessing to Qualcomm's (QCOM) - Get Report acquisition of NXP Semiconductors (NXPI) - Get Report .
Cramer said, "The issue is: will the authorities approve it? We don't know. We're betting that they will."
Cramer said he believes shares of NXP would be higher if the company had not agreed to a merger with Qualcomm.
