Monday, February 26th 2018

Qualcomm Comes Around to Broadcom Acquisition, Wants the Price to be Right

The Broadcom-Qualcomm acquisition saga continues, but with an encouraging development for the potential buyer. Qualcomm is reportedly coming around to the idea of acquisition by Broadcom, if the price is right. Broadcom's last offer stood at a staggering $121 billion, or $79 per share (which once touched $82 per share). Qualcomm's board is of the opinion that the current offer "severely undervalues" the company, without further guidance on what would constitute a fair price.

"Broadcom reiterated in the February 23 meeting that its reduced $79.00 per share proposal is its best and final proposal. The Qualcomm Board is unanimous in its view that each of Broadcom's proposals, including its prior $82.00 per share proposal, materially undervalues Qualcomm, and the Board encourages Broadcom to enter into mutual due diligence and price negotiations," Qualcomm stated in a press-release.
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11 Comments on Qualcomm Comes Around to Broadcom Acquisition, Wants the Price to be Right

#1
DeathtoGnomes
2019 - The battle continues! Qualcomm offers to buy out Broadcom.
2020 - The next generation...
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#2
_Flare
Just do it "Batman-Style" with Trusts and Bonds ...
Posted on Reply
#3
_JP_
"You see, we're more of a 120$ per share kind of company"
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#4
Vya Domus
I wonder if it is even worth buying Qualcomm for this much. There's got to be something else that makes them so eager to shell out this much cash.
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#5
FreedomEclipse
~Technological Technocrat~
Forgive me brothers....









Alright, Im done for now.....
Posted on Reply
#6
eidairaman1
The Exiled Airman
Vya Domus said:
I wonder if it is even worth buying Qualcomm for this much. There's got to be something else that makes them so eager to shell out this much cash.
Sellouts is more like it, monopolization is crawling in.
Posted on Reply
#7
TheGuruStud
eidairaman1 said:
Sellouts is more like it, monopolization is crawling in.
Flashbacks of 0% IPC increase from intel?
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#8
Doc41
Plot twist: Qualcomm buys Broadcom
Posted on Reply
#9
_JP_
Doc41 said:
Plot twist: Qualcomm buys Broadcom
M. Shyamalan twist: Apple buys both, Apple is actually Intel.
Posted on Reply
#10
eidairaman1
The Exiled Airman
TheGuruStud said:
Flashbacks of 0% IPC increase from intel?
I suspect that for sure
Posted on Reply
#11
Xzibit
Broadcom made the bid before Qualcomm announced the new planned modems. Might just be looking for more money.
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