Broadcom's Historic Bid For Qualcomm Rejected As Too Low OOYUZ

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Broadcom's Historic Bid For Qualcomm Rejected As Too Low OOYUZ
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Qualcomm rejected Broadcom's unsolicited bid to acquire its operations for $130 billion including $25 billion in debt, the San Diego, California-based company said Monday. In a prepared statement, the semiconductor giant revealed that the decision to dismiss the offer was made by its Board of Directors in a unanimous manner, stating that the offer "significantly undervalues" Qualcomm, both in terms of its existing performance and future prospects in the mobile and other segments. Qualc..

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