Broadcom has made a $105B bid to buy fellow chipmaker and Apple supplier Qualcomm. When $25B of net debt is factored in, the deal is effectively worth $130B.
If the bid succeeded, it would not only be the biggest tech acquisition in history, but might also help resolve the long-running dispute between Qualcomm and Apple
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Bloomberg reports that the deal would dwarf the previous record-holder: Dells $67 billion acquisition of EMC in 2015.
Broadcom made an offer of $70 a share in cash and stock for Qualcomm, a 28 percent premium for the worlds largest maker of mobile phone chips as of the stocks closing price on Nov. 2, before Bloomberg first reported talks of a deal. The proposed transaction is valued at approximately $…
Read the full article at: https://9to5mac.com/2017/11/06/broadcom-qualcomm-bid/