Last week, wireless chip manufacturer Broadcom made a $130 billion bid to buy out rival Qualcomm. The unsolicited proposal was expected to be rejected by Qualcomm, and as of this morning, it has been. The company's board of directors unanimously voted against Broadcom's bid saying that it undervalued Qualcomm.
Source: Qualcomm
Qualcomm rejects Broadcom’s buyout bid posted first on http://ift.tt/1tUdcCk
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