Qualcomm Board of Directors Unanimously Rejects Broadcom's Unsolicited Proposal

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U.S. chipmaker Qualcomm on Monday rejected rival Broadcom’s $103 billion bid to purchase the company, stating that Broadcom’s proposal “dramatically undervalues” Qualcomm and comes with “significant regulatory uncertainty.”.

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Source: Slashdot – Qualcomm Board of Directors Unanimously Rejects Broadcom’s Unsolicited Proposal