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Broadcom Makes “Best and Final” Offer in Qualcomm Takeover Bid

Broadcom has made what it has called its “final” offer in its bid to acquire Qualcomm, who rejected the company’s previous bid in November 2017, claiming that it “significantly undervalued” the company. (Qualcomm Rejects Broadcom Acquisition Offer).

Broadcom’s new bid has increased its offer by $12 per share, up to $82, which values the deal at $146 billion. It has also put provisions in place to placate any concerns Qualcomm shareholders may have, including a cash payout in the event that the deal falls through, or if the transaction completes over 12 months from the date the agreement is signed.