So it's actually at a lower multiple than the deal when it was originally announced." A spokesman for Qualcomm declined to comment further. Indeed, NXP shareholders who asked Qualcomm for more, including Elliott, have pointed to NXP's strong performance and the relative stock moves from NXP comparables, including Broadcom, which itself is up 45 percent since the NXP deal announcement on Oct. 27, 2016. "Qualcomm's board of directors and management have transferred $4.10 per Qualcomm share from Qualcomm stockholders to NXP stockholders, representing approximately $6.2 billion of value," Broadcom said in a statement Tuesday.