Broadcom Considering Increasing Offer for Qualcomm
Takeover battle continues.
By Jean Jacques Maleval | November 24, 2017 at 2:44 pmTo read this article from CNBC, click on:
Broadcom is considering upping its already record-breaking offer for Qualcomm
• The upped offer includes more of Broadcom’s own stock, following consultation with several of Qualcomm’s top shareholders.
• Broadcom’s chief executive Hock Tan has stated he is open to launching a takeover battle.
• Broadcom has offered to pay $103 billion for Qualcomm, made up of $60 per share in cash and $10 per share of its own stock.