Qualcomm has rejected Broadcom’s latest takeover offer
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.