Broadcom cuts Qualcomm offer to $117 billion after new NXP deal

Broadcom cuts Qualcomm offer to $117 billion after new NXP deal

6 years ago
Anonymous $v9r5mEH86V

https://www.reuters.com/article/us-qualcomm-m-a-broadcom/broadcom-cuts-qualcomm-offer-to-117-billion-after-new-nxp-deal-idUSKCN1G51M3

Microchipmaker Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion as it objected to Qualcomm’s decision to raise its own bid for NXP Semiconductors.