Qualcomm has rejected Broadcom’s latest takeover offer

Qualcomm has rejected Broadcom’s latest takeover offer

6 years ago
Anonymous $v9r5mEH86V

http://tech.newstatesman.com/news/qualcomm-rejects-broadcom-takeover-offer

US semiconductor giant Qualcomm has rejected Broadcom’s latest takeover offer, saying the bid “materially undervalues” the firm.

Broadcom offered to buy its outstanding shares for $82 each, but Qualcomm’s board unanimously rejected the offer.