Broadcom will have to try again in its bid to take over Qualcomm. The Snapdragon chip-maker has rejected a revised proposal to buy all of its outstanding shares, stating that it "materially undervalues Qualcomm and falls well short of the firm regula…
Engadget RSS Feed
Qualcomm was very recently approached by Broadcom with a buyout offer of over 100 billion dollars. That’s a huge chunk of change, but apparently it wasn’t enough to even tempt Qualcomm; their board has unanimously decided to reject Broadcom’s offer. Despite being a very, very large offer, Qualcomm believes they’re in an excellent position in […]
Come comment on this article: Qualcomm decides to reject Broadcom’s buyout proposal, but Broadcom still committed
Broadcom might have to forget about taking over Qualcomm without a fight — Reuters sources claim that Qualcomm's board is planning to reject the unsolicited buyout bid. Reportedly, Broadcom's offer of $ 70 per share, despite setting a record, "unde…
Engadget RSS Feed