As expected, Broadcom has made its bid for Qualcomm. Its $70 per share bid is 28% more than the Qualcomm price before Broadcom’s interest became known. Broadcom says the offer stands whether or not Qualcomm buys NXP for which Qualcomm is paying $37 billion. “Broadcom’s proposal is compelling for stockholders and stakeholders in both companies,” says ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/broadcom-bids-130bn-qualcomm-2017-11/
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