Qualcomm rejects Broadcom's $103-billion takeover bid

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Broadcom Ltd. (AVGO) Says It's Committed to Acquisition of Qualcomm (QCOM)

November 13, 2017 11:01 AM EST

Broadcom Limited (NASDAQ: AVGO) today announced that it remains fully committed to pursuing its acquisition of Qualcomm Incorporated (NASDAQ: QCOM) ("Qualcomm"). Broadcom's offer of $70.00 per share, which consists of $60.00 in cash and $10.00 per share in Broadcom shares, represents a 28% premium over the closing price of Qualcomm's... More