There’s a shakeup on Qualcomm’s board amid Broadcom’s hostile takeover attempts

There’s a shakeup on Qualcomm’s board amid Broadcom’s hostile takeover attempts

6 years ago
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https://techcrunch.com/2018/03/09/theres-a-shakeup-on-qualcomms-board-amid-broadcoms-hostile-takeover-attempts/

Things have not been so rosy for Qualcomm over the past few months, whether you are looking at an ongoing legal dispute between the chipmaker and Apple or Broadcom’s aggressive attempts to acquire the company.

Now, Qualcomm is saying its executive chairman, Dr. Paul E. Jacobs, will no longer serve as executive chairman for the company’s board of directors. He’s going to remain a director, but with all that’s happened related to its dispute with Apple, its attempts to wave off Broadcom, and also its efforts to get through its acquisition of NXP as quickly as possible, it would make sense for at least some move for the chairman to show shareholders that they are aware of the issues and are looking to change things up.

There’s a shakeup on Qualcomm’s board amid Broadcom’s hostile takeover attempts

Mar 9, 2018, 4:19pm UTC
https://techcrunch.com/2018/03/09/theres-a-shakeup-on-qualcomms-board-amid-broadcoms-hostile-takeover-attempts/ >Things have not been so rosy for Qualcomm over the past few months, whether you are looking at an ongoing legal dispute between the chipmaker and Apple or Broadcom’s aggressive attempts to acquire the company. >Now, Qualcomm is saying its executive chairman, Dr. Paul E. Jacobs, will no longer serve as executive chairman for the company’s board of directors. He’s going to remain a director, but with all that’s happened related to its dispute with Apple, its attempts to wave off Broadcom, and also its efforts to get through its acquisition of NXP as quickly as possible, it would make sense for at least some move for the chairman to show shareholders that they are aware of the issues and are looking to change things up.