0
Wireless

Qualcomm rejects latest Broadcom offer

Monday 19 February 2018 | 08:47 CET | News
Qualcomm has rejected the latest takeover offer from Broadcom. After Broadcom raised its bid and the companies met, Qualcomm said it still thinks the offer "materially undervalues" its shares and has an "unacceptably high level of risk".

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Broadcom / Qualcomm
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

White House ends Broadcom bid for Qualcomm, citing security concerns

Published 13 Mar 2018 08:53 CET | World
The US government will not allow the takeover of Qualcomm by Broadcom, due to national security concerns, according to a ...

Qualcomm nearing agreement on Broadcom deal terms, says ready for due diligence

Published 26 Feb 2018 16:05 CET | World | Update: 27 Feb 2018 09:22 CET
Qualcomm said it is nearing an agreement with Broadcom on issues other than price in the latter's proposed takeover of Qualcomm. ...

Broadcom lowers bid for Qualcomm after increase in NXP price

Published 21 Feb 2018 15:52 CET | World
Broadcom has lowered its bid for Qualcomm after the latter increased its takeover offer for NXP Semiconductors. The company cut ...

Advisory firms back Broadcom directors for Qualcomm board

Published 20 Feb 2018 15:55 CET | World
Broadcom said it received the backing of the shareholder advisory firms ISS and Glass Lewis for its proposed board for Qualcomm. ...

Qualcomm slaat laatste Broadcom overnamebod af

Published 19 Feb 2018 10:44 CET | World
Qualcomm heeft het laatste overnamebod van Broadcom naast zich neer gelegd. Nadat Broadcom zijn bod verhoogde en de twee ...

Qualcomm, Broadcom hold first meeting on takeover proposal

Published 15 Feb 2018 10:07 CET | World
Qualcomm announced that it held a meeting with Broadcom on 14 February to discuss the latter's takeover bid for Qualcomm. Members ...

Broadcom scales back Qualcomm board nominees to simply majority

Published 13 Feb 2018 15:32 CET | World
Broadcom is scaling back its proposal for a new board at Qualcomm to six nominees from 11. The company said talks with Qualcomm ...

Qualcomm rejects latest Broadcom bid, but agrees to meet

Published 09 Feb 2018 08:35 CET | World | Update: 09 Feb 2018 10:57 CET
Qualcomm has rejected the improved takeover offer from Broadcom, saying it undervalues the company and has too much regulatory ...

Broadcom raises bid for Qualcomm in 'final offer'

Published 05 Feb 2018 13:28 CET | World
Broadcom has improved its takeover offer for Qualcomm to USD 82 per share from USD 70, as well as promising a bigger share of ...

Broadcom gets more requests from FTC about bid for Qualcomm

Published 22 Jan 2018 09:33 CET | World
The Broadcom proposal stands whether Qualcomm's pending acquisition of NXP Semiconductors is consummated under its current terms ...

Qualcomm outlines Broadcom opposition, growth strategy in letter to shareholders

Published 16 Jan 2018 17:26 CET | World
Qualcomm has issued a letter to shareholders and investors presentation outlining its board's opposition to Broadcom's proposed ...

Qualcomm rejects Broadcom takeover offer

Published 13 Nov 2017 16:22 CET | World
Qualcomm has rejected Broadcom's unsolicited takeover offer, sating it "significantly undervalues" the company. Broadcom ...





Calendar   /   Industry Events

19 Jan Fujitsu ActivateNow: Technology Summit
20 Jan Limelight Networks Q4 2021
20 Jan Netflix Q4 2021
25 Jan Ericsson Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Samsung Electronics Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
::: More Calendar Items