Stocks Record Their Biggest Two-Day Rally Since 2016: DealBook Briefing<br />On Qualcomm’s $110 a share offer for NXP Semiconductors, which has gotten pushback from NXP investors:<br />“NXPI will not solve Qualcomm’s problems.”<br />On the possibility that Qualcomm increases its bid for NXP Semiconductors:<br />“If Qualcomm raises the price on NXPI, we have made it very clear, it’s a clear transfer of value from Qualcomm shareholders to NXPI shareholders.”<br />“$110 is a full and fair price for NXPI.”<br />Meredith has closed its deal to buy Time Inc. Now the media industry is buzzing about which publications<br />Meredith— a predominantly women-focused, non-newsy publisher — is likely to sell.<br />At the end of last year, Mr. Icahn launched a campaign to unseat the Xerox’s board,<br />and late last month, he and Mr. Deason pressured the company to explore a deal — including revising or ending the Fujifilm joint venture.<br />• Companies that “inverted” — moved their financial headquarters to cut their U. S.<br />tax bill by buying a foreign company — face higher rates under the recent overhaul.<br />The average level of return that infrastructure investment funds have sought was about 10.6 percent in 2016, down from 14<br />percent in 2004, according to a report by PricewaterhouseCoopers and the Global Infrastructure Investor Association.<br />• The White House wants NASA to send astronauts back to the moon — using the private sector, after Mr. Trump leaves office.
