Broadcom Ltd. (AVGO) Explores $103 Billion Deal to Acquire Qualcomm (QCOM) - Bloomberg
(Updated - November 3, 2017 2:28 PM EDT)
Dow Jones confirmed the rumor and added that Broadcom could launch a bid this weekend.
Bloomberg later reported that the offer could value Qualcomm at $70 per share in a mix of cash and stock. The offer would value the company at $103 billion.