Broadcom’s new $82 per share offer included $60 in cash and $22 in Broadcom stock. Its first offer, of $70 per share, in November comprised $60 in cash and $10 in stock. The increased stock component would subject the deal to a …
Under terms of the new offer, Broadcom would pay $82 per share. Qualcomm’s stock closed Friday at $66.07 per share, up from as low as $51.01, where it sat just before word of Broadcom’s interest leaked last fall. Indeed, Broadcomm …
The significantly improved offer, which has been unanimously approved by the Board of Directors of Broadcom, represents a 50% premium over the closing price of Qualcomm common stock on November 2, 2017, the last unaffected trading …
Chipmaker Broadcom Ltd. (NASDAQ: AVGO) took a step Monday morning that just about everyone has expected. It raised its bid for Qualcomm Inc. (NASDAQ: QCOM) from $70 a share in cash and stock to $82 a share in cash and …
to acquire all outstanding shares of Qualcomm for $60.00 per share in cash and $22.00 per share in Broadcom stock. Qualcomm said its board of directors, in consultation with its financial and legal advisors, will review the revised …
Over the past two trading days, Broadcom stock is up nearly 8 percent and Qualcomm stock is up nearly 17 percent. In pre-market trading on Monday, AVGO stock was up 2.4 percent and QCOM bumped up 5 percent. At a price tag of …
Broadcom’s current offer consists of $60 a share in cash, with the remainder to be made up from Broadcom stock. If Broadcom succeeds with its plans, the deal would turn the company into the world’s third-largest semiconductor …
Read More The acquisition, which would give stakeholders $60 in cash and $10 in Broadcom stock per share, was quickly rebuffed by Qualcomm, which said the proposal "significantly undervalues" Qualcomm, its place in the chip market, and …
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Under the new proposal, Broadcom is offering $82 per share, including $60 in cash and $22 in Broadcom stock. The previous offer in November was $70 per share – comprised of $60 in cash and $10 in stock. Broadcom would need the …