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Qualcomm rejects Broadcom’s revised buyout offer

Last week Broadcom made its final offer to acquire Qualcomm at a value of $121 Billion, which is $82 per share which consist of $60.00 in cash and $22.00 per share in Broadcom  stocks. Qualcomm today announced that its Board of Directors unanimously rejected the unsolicited proposal by Broadcom. This comes after the first offer that was made by Broadcom got rejected by Qualcomm back in November and in December it rejected directors nominated by Broadcom to replace the Qualcomm's existing board...
Read More at:
http://www.fonearena.com/blog/243103/qualcomm-rejects-broadcoms-revised-buyout-offer.html

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