Qualcomm (QCOM) PT Lowered to $68 at Stifel; Lower Offer Could Drive Shareholders to Vote for Dissident Directors

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Go back to Qualcomm (QCOM) PT Lowered to $68 at Stifel; Lower Offer Could Drive Shareholders to Vote for Dissident Directors

Broadcom Adjusts Offer for Qualcomm to $79 Per Qualcomm Share

February 21, 2018 8:24 AM EST

SAN JOSE, Calif., Feb. 21, 2018 /PRNewswire/ -- Broadcom Limited (NASDAQ: AVGO) ("Broadcom") today issued the following statement:

Broadcom today reaffirms its commitment to acquiring Qualcomm, and is adjusting its offer following the Qualcomm board's decision to transfer $4.10 per Qualcomm share (or $6.2 billion of value) from Qualcomm stockholders to NXP stockholders.  Broadcom is prepared to acquire Qualcomm for... More