Broadcom hopes to woo Qualcomm with a higher takeover bid

Broadcom hopes to woo Qualcomm with a higher takeover bid

Neither company has commented so far. This might work. Qualcomm originally rebuffed Broadcom because its first offer “significantly undervalues” a company that’s considered a cornerstone of the cellular world. At the same time, this wouldn’t address all of Qualcomm’s gripes. Broadcom has sworn that it could wrap up a deal within a year, but Qualcomm …