Qualcomm rejects Broadcom’s revised takeover bid

Clearly, Qualcomm’s board of directors don’t think this is enough. In its statement confirming the second rejection, Qualcomm “offered to meet with Broadcom to see if it can address the serious deficiencies in value and certainty in its proposal.” In a letter published with the statement, Qualcomm wants Broadcom to answer a few pertinent questions, …

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