Broadcom bids $103 billion for Qualcomm, open to going hostile

Qualcomm
Broadcom bids $103 billion for Qualcomm, open to going hostile

Broadcom bids $103 billion for Qualcomm, open to going hostile

Broadcom Chief Executive Hock Tan, who turned a small, chipmaker into a $100-billion company based in Singapore and the United States, told Reuters he would not rule out a proxy fight to convince shareholders to replace the board and accept the offer.


TODAYonline
Broadcom makes US$130b mega-bid for Qualcomm

WASHINGTON: In what could be the biggest deal ever in the tech sector, Broadcom on Monday (Nov 6) bid US$130 billion for rival chip maker Qualcomm to gain position in the booming sector fueled by growth in smartphones and an array of connected ...


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