Broadcom offers $103 billion for Qualcomm, sets up takeover battle

November 6, 2017 by  
Filed under News

(Reuters) – Chip maker Broadcom Ltd made an unsolicited $103 billion bid for Qualcomm Inc on Monday, setting the stage for a major takeover battle as it looks to dominate the fast-growing market for semiconductors used in mobile phones.

Source: Reuters Business News

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