NXP Semiconductors Ends Day Up 5.2% (NXPI)

Shares of NXP Semiconductors N.V. NXPI ended Wednesday trading up 5.2% at $20.25 per share. It was announced early on Wednesday morning that Dover Corporation DOV had signed a definitive agreement to acquire the Sound Solutions business unit from NXP Semiconductors N.V. for $855 million. The day's trading range for shares of NXP Semiconductors N.V. (NXPI) was $19.71 to $21.57 per share. Trading volume for NXP Semiconductors N.V. was very heavy, with 1.5 million shares traded today, nearly 5 times the daily average volume of 306,000 shares. NXP Semiconductors N.V., provides high performance mixed signal and standard product solutions that leverage its leading RF, analog, power management, interface, security and digital processing expertise. Read more from Benzinga's Company news.