https://www.cnbc.com/2018/02/26/qualcomm-proposes-further-price-talks-with-broadcom.html

Chipmaker Qualcomm on Monday urged Broadcom to enter into direct negotiations on its $117 billion offer for the company, and said the two sides had made progress on regulatory and other issues at a meeting last week.

Qualcomm maintained that all of Broadcom's previous offers materially undervalued the company and proposed they conduct mutual due diligence to better inform talks on a price.