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November 13, 2017 04:00 pm

Qualcomm Board of Directors Unanimously Rejects Broadcom's Unsolicited Proposal

U.S. chipmaker Qualcomm on Monday rejected rival Broadcom's $103 billion bid to purchase the company, stating that Broadcom's proposal "dramatically undervalues" Qualcomm and comes with "significant regulatory uncertainty.".

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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/XJCIGWBQQWI/qualcomm-board-of-directors-unanimously-rejects-broadcoms-unsolicited-proposal

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