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Broadcom confirms USD 130 billion bid for Qualcomm

2017-11-06 15:51:00| Telecompaper Headlines

(Telecompaper) Qualcomm said it has indeed received an acquisition bid from Broadcom worth USD 60 cash and USD 10 in Broadcom stock per share. Qualcomm noted that the unsolicited bid is non-binding. It will now see if it is in the best interest of its shareholders and provide no further comment until its review is finished.

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