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February 8, 2018 11:04 pm GMT

Qualcomm rejects Broadcoms $121 billion bid

Broadcom headquartersThe largest tech acquisition offer in history wasn’t enough. Qualcomm’s board of directors issued a statement on Thursday saying that they are turning down Broadcom’s $121 billion bid to buy the competing chipmaker. According to the release, Qualcomm “unanimously rejected” an “unsolicited proposal” to buy all of its shares at $82 each, of which $60… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/r4nYERCLtyI/

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