Broadcoms Historic Bid For Qualcomm Rejected As Too Low

Qualcomm rejected Broadcom’s unsolicited bidtoacquire its operations for $130 billion including $25 billion in debt, the San Diego, California-based company said Monday. In a prepared statement, the semiconductor giant revealed that the decision to dismiss the offer was made by its Board of Directors in a unanimous manner, stating that the offer “significantly undervalues” Qualcomm, […]

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