Tags: Stock Market

Why Qualcomm Rejected Remunerative $121 Billion Bid From Broadcom- Everything You Need To Know

Broadcom said its $121 billion acquisition proposal for Qualcomm is the “best and final” offer after the target’s board unanimously rejected the sweetened bid, likely leaving the future of the hostile takeover bid to be decided by shareholders next month. Qualcomm was impelled by Broadcom Chief Executive Officer Hock Tan to discuss the $82 per share offer and dangled the…