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-8.90160546813092E-05 -0.000476871721506933 -0.00327292958194245 -0.0047687172150691 -0.00588141789858524 -0.0061993323795899 -0.0061993323795899 -0.0061993323795899
Stock impact report

Qualcomm is going to do whatever it takes to fend off Broadcom (BCOM, QCOM) [The Business Insider]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Qualcomm is going to do whatever it takes to fend off Broadcom The semiconductor giant Broadcom is set to enter a tasking campaign in its bid to buy Qualcomm . Earlier on Monday, Broadcom said it made a $70-per-share offer to Qualcomm shareholders that consists of $60 in cash and $10 in Broadcom shares. If approved, it would be the largest-ever tech acquisition, surpassing the $60 billion tie-up between Dell and EMC in 2016. But Qualcomm is poised to reject the unsolicited offer worth $103 billion, according to the Financial Times . The offer price undervalues Qualcomm and is below what its board would seriously consider, the FT reported. That's in spite of the 28% premium that Broadcom's offer places on Qualcomm's closing price Thursday, the eve of the first news report on the deal. Qualcomm said Monday that its directors were assessing Broadcom's bid and would act in their shareholders' best interest. Meanwhile, Broadcom is getting ready for a proxy battle and may make its pitch di Show less Read more
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