Qualcomm Inc. announced on Monday that it has rejected the takeover offer from Broadcom, valued at $103 billion. The company’s board unanimously voted against the takeover, citing that the offer undervalued the company and would face regulatory hurdles. Qualcomm stated, “We continue to believe our proposal represents the most attractive, value-enhancing alternative available to Qualcomm … Continue reading “Qualcomm has Rejected Broadcom’s $103 Billion Takeover Offer”
