Technology

Broadcom Raises Offer for Qualcomm to Over $121 Billion

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Broadcom has sweetened its takeover offer of Qualcomm in a deal that would be worth more than $121 billion, turning up the pressure on the takeover target in what would be the largest-ever technology deal.

boosted its buyout offer for rival Qualcomm Inc. on Monday to $82 per share — ratcheting up the pressure on shareholders to support a hostile takeover bid.

All Sources: Wall Street Journal Los Angeles Times

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