Broadcom lowers bid for Qualcomm, accuses company of acting against the interests of shareholders

Broadcom lowers bid for Qualcomm, accuses company of acting against the interests of shareholders

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/02/21/broadcom-lowers-bid-for-qualcomm.html

Broadcom lowered its bid for Qualcomm Wednesday to $79 per share — down from $82 per share — in light of a possible deal between Qualcomm and NXP, Broadcom said Wednesday.

Qualcomm last week rejected the $82 per share deal, which lead director Tom Horton said was "just not even close to what the value of the company is."