🏹Qualcomm Board of Directors Unanimously Rejects Broadcom’s Unsolicited Proposal

By Semi conductor

🏹Qualcomm Board of Directors Unanimously Rejects Broadcom’s Unsolicited Proposal .

Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors unanimously rejected the unsolicited proposal announced by Broadcom Limited on November 6, 2017.

“It is the Board’s unanimous belief that Broadcom’s proposal significantly undervalues Qualcomm relative to the Company’s leadership position in mobile technology and our future growth prospects,” said Paul Jacobs, Executive Chairman and Chairman of the Board of Qualcomm Incorporated.

Qualcomm

 

https://www.qualcomm.com/news/releases/2017/11/13/qualcomm-board-directors-unanimously-rejects-broadcoms-unsolicited-proposal

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