Broadcom has improved the offer to buy Qualcomm

By: Eugene Sherban | 06.02.2018, 08:58

The guys from   Broadcom is not   surrendered and   increase the supply of   purchase competitor Qualcomm. It seems that the deal of the century is all   same can take place.

What do they offer now?

Broadcom offers to buy all Qualcomm shares by paying for   every 60   dollars in money and   22   dollar   - their shares. Given the fresh stock quotes, it will be crazy 121   bn   dollars. The current record belongs to Dell, which bought EMC for   $ 67   billions in   2015.

AT   Broadcom says that this is the last sentence and   they do not raise it   intend to. For comparison, in   the last time they drove to   Qualcomm with   offering $ 60 in cash and   another $ 10 on top of Broadcom shares.

Will be   whether buying

The Board of Directors of Qualcomm took a pause on   meditation. The case is dealt with by the financial and   legal department of the company, which will have to make a decision that " will be the best for the interests of the company and   her   shareholders " . While the solution is not   accepted, the management of Qualcomm declined to comment on the potential transaction.

Source: Qualcomm