Broadcom offers to acquire Qualcomm for $70 per share
https://techcrunch.com/2017/11/06/broadcom-offers-to-acquire-qualcomm-for-70-per-share/
Following rumors over the weekend, chipmaker Broadcom has today confirmed it has approached wireless chipmaker Qualcomm with an acquisition offer that values the company at $130BN (including $25BN of net debt).
Specifically Broadcom is offering to pay $70.00 per Qualcomm share, with $60.00 being in cash and $10.00 per share in Broadcom shares. It’s intending to use debt financing if it gets agreement for the deal.