Broadcom is considering upping its already record-breaking offer for Qualcomm

Broadcom is considering upping its already record-breaking offer for Qualcomm

6 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/22/broadcom-qualcomm-price-could-go-higher.html

Chipmaker Broadcom is considering raising its offer to buy rival Qualcomm by offering more of its own stock, following consultation with several of Qualcomm's top shareholders, according to people familiar with the matter.

While the timing of the new offer is uncertain, Broadcom's bid preparations indicate that it is planning to apply pressure on Qualcomm to engage in negotiations by offering more to its shareholders, in addition to threatening to replace its board of directors.