… But Qualcomm Prepares to Reject Rival Broadcom Bid

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Qualcomm draws up plans to rebuff Broadcom’s $103 billion offer: sources
U.S. chipmaker Qualcomm Inc. is making preparations to reject rival Broadcom Ltd’s $103 billion bid as early as this week, four people familiar with the matter said on last Sunday, setting the stage for one of the biggest-ever takeover battles.