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Jacobs'-Led LBO for Qualcomm (QCOM) 'Unlikely' - RBC

March 16, 2018 6:47 AM EDT

RBC Capital analyst Amit Daryanani weighed in on reports Qualcomm (NASDAQ: QCOM) former Chairman Dr. Paul Jacobs is exploring a bid for the company. Daryanani sees this as unlikely citing three reasons:

1) QCOM board has been adamant that ~$80 severely undervalues the... More