Qualcomm, Broadcom plan to meet on February 14: Sources

Qualcomm, Broadcom plan to meet on February 14: Sources

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/02/12/qualcomm-broadcom-plan-to-meet-on-february-14-sources.html

Qualcomm and Broadcom plan to meet on Wednesday to talk about the latter's $121 billion acquisition offer, the first time the semiconductor companies will discuss the potential deal, people familiar with the matter said.

The meeting comes after Broadcom raised its cash-and-stock offer last week from $70 to $82 per share, and made other concessions, including offering to pay Qualcomm an $8 billion breakup fee should antitrust regulators block the deal.