Qualcomm Comes Around to Broadcom Acquisition, Wants the Price to be Right

btarunr · Feb 26, 2018

The Broadcom-Qualcomm acquisition saga continues, but with an encouraging development for the potential buyer. Qualcomm is reportedly coming around to the idea of acquisition by Broadcom, if the price is right. Broadcom's last offer stood at a staggering $121 billion, or $79 per share (which once touched $82 per share). Qualcomm's board is of the opinion that the current offer "severely undervalues" the company, without further guidance on what would constitute a fair price.

"Broadcom reiterated in the February 23 meeting that its reduced $79.00 per share proposal is its best and final proposal. The Qualcomm Board is unanimous in its view that each of Broadcom's proposals, including its prior $82.00 per share proposal, materially undervalues Qualcomm, and the Board encourages Broadcom to enter into mutual due diligence and price negotiations," Qualcomm stated in a press-release.

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DeathtoGnomes · Feb 26, 2018

2019 - The battle continues! Qualcomm offers to buy out Broadcom.
2020 - The next generation...

_Flare · Feb 26, 2018

Just do it "Batman-Style" with Trusts and Bonds ...

_JP_ · Feb 26, 2018

"You see, we're more of a 120$ per share kind of company"

Vya Domus · Feb 26, 2018

I wonder if it is even worth buying Qualcomm for this much. There's got to be something else that makes them so eager to shell out this much cash.

FreedomEclipse · Feb 26, 2018

Forgive me brothers....

Alright, Im done for now.....

eidairaman1 · Feb 26, 2018

Vya Domus said:
I wonder if it is even worth buying Qualcomm for this much. There's got to be something else that makes them so eager to shell out this much cash.

Sellouts is more like it, monopolization is crawling in.

TheGuruStud · Feb 27, 2018

eidairaman1 said:
Sellouts is more like it, monopolization is crawling in.

Flashbacks of 0% IPC increase from intel?

Doc41 · Feb 27, 2018

Plot twist: Qualcomm buys Broadcom

_JP_ · Feb 27, 2018

Doc41 said:
Plot twist: Qualcomm buys Broadcom

M. Shyamalan twist: Apple buys both, Apple is actually Intel.

eidairaman1 · Feb 27, 2018

TheGuruStud said:
Flashbacks of 0% IPC increase from intel?

I suspect that for sure

Xzibit · Feb 27, 2018

Broadcom made the bid before Qualcomm announced the new planned modems. Might just be looking for more money.

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Qualcomm Comes Around to Broadcom Acquisition, Wants the Price to be Right

btarunr

Editor & Senior Moderator

DeathtoGnomes

_Flare

_JP_

Vya Domus

FreedomEclipse

~Technological Technocrat~

eidairaman1

The Exiled Airman

TheGuruStud

Doc41

_JP_

eidairaman1

The Exiled Airman

Xzibit

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