https://finance.yahoo.com/news/qualcomm-rejects-broadcoms-revised-buyout-072706437.html

Qualcomm's response attempts to strike a balance between continued resistance of Broadcom's takeover attempt and heeding the calls of some Qualcomm shareholders, who urged the company in recent days to engage with its rival in case it can clinch an attractive deal.

Broadcom said it proposed to meet by this weekend, but Qualcomm was not willing to meet until Tuesday, after the two companies' respective meetings with proxy advisors Glass Lewis and ISS.