Broadcom lowers its offer to $79

Stefan Mileschin · 26th February 2018, 17:45

Qcom refused us at $82, let's offer less

The $82 per share offer from Broadcom is off the table, now the company is offering $79. This was initiated after Qualcomm reached an agreement to pay more for NXP.

NXP had a great year with a significant increase in business and it was only fair to offer more to seal the deal. Broadcom doesn’t like that and therefore lowered its offer for Qualcomm. Tom Horton, director of Qualcomm’s board, commented that $82 "just not even close to what the value of the company is". You can imagine how the Board of Directors at Qualcomm would react at an even lower offer.

https://fudzilla.com/news/45654-broa...ts-offer-to-79

26th February 2018, 17:45	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,618	Broadcom lowers its offer to $79 Qcom refused us at $82, let's offer less The $82 per share offer from Broadcom is off the table, now the company is offering $79. This was initiated after Qualcomm reached an agreement to pay more for NXP. NXP had a great year with a significant increase in business and it was only fair to offer more to seal the deal. Broadcom doesn’t like that and therefore lowered its offer for Qualcomm. Tom Horton, director of Qualcomm’s board, commented that $82 "just not even close to what the value of the company is". You can imagine how the Board of Directors at Qualcomm would react at an even lower offer. https://fudzilla.com/news/45654-broa...ts-offer-to-79

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Tesla lowers the Model X's price now that it's more profitable	Stefan Mileschin	WebNews	0	6th August 2017 14:13
Intel Lowers First-Quarter Revenue Outlook	Stefan Mileschin	WebNews	0	13th March 2015 06:05
IDC Again Lowers PC Market Outlook	Stefan Mileschin	WebNews	0	30th August 2013 07:39
NVIDIA Lowers Price of GeForce GTX 680	Stefan Mileschin	WebNews	0	16th January 2013 07:49
Intel lowers Q3 expectations	Stefan Mileschin	WebNews	0	11th September 2012 07:23
Intel Lowers Third-Quarter Revenue Outlook	Stefan Mileschin	WebNews	0	10th September 2012 07:17
AMD Lowers Phenom II Prices By Up To 15%	Stefan Mileschin	WebNews	0	1st March 2012 06:55
NVIDIA Lowers GTX pricing: GTX 260 €199 - GTX 280 €320	jmke	WebNews	2	14th August 2008 20:29
AMD Lowers AMD Opteron for 1-Way Apps Pricing	jmke	WebNews	1	4th November 2005 10:02
AMD lowers Athlon 64 prices again	jmke	WebNews	8	9th November 2004 22:06