Qualcomm Rejects Broadcom’s Unsolicited $103-Billion Takeover Bid

Mobile chipmaker Qualcomm Inc on Monday rejected rival Broadcom Ltd’s $103-billion takeover bid , saying the offer undervalued the company and would face regulatory hurdles. Shares of Qualcomm were up 1.8 percent at $65.74 in early afternoon trading, while those of Broadcom were down 0.4 percent at $263.95. Broadcom […]

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