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Six Qualcomm Directors, Including CEO, Get Less Than 50% Re-Election Vote
NewsQualcomm

Six Qualcomm Directors, Including CEO, Get Less Than 50% Re-Election Vote

Six of Qualcomm Inc.’s directors, including Chief Executive Steve Mollenkopf, failed to win support from a majority of the company’s shares Friday, a significant protest vote that signals investor discontent after the chip-making giant successfully rebuffed a hostile takeover from

Qualcomm, National Security, and Patents
NewsQualcomm

Qualcomm, National Security, and Patents

From the New York Times: President Trump on Monday blocked Broadcom’s $117 billion bid for the chip maker Qualcomm, citing national security concerns and sending a clear signal that he was willing to take extraordinary measures to promote his administration’s increasingly protectionist stance. In a presidential order, Mr. Trump said “credible evidence” had led him…

Qualcomm is sinking after Trump blocked its $117 billion takeover by Broadcom citing national security (AVGO, QCOM, INTC)
NewsQualcommSinking

Qualcomm is sinking after Trump blocked its $117 billion takeover by Broadcom citing national security (AVGO, QCOM, INTC)

Reuters President Donald Trump issued an executive order Monday blocking Broadcom's takeover bid for the chipmaker Qualcomm, citing national security. Shares of Qualcomm sank on the news, while Broadcom shares rose slightly. Shares of Intel, a US competitor, also rose. The move to block the deal was highly unusual by a president. Shares of Qualcomm…

Qualcomm proposes further price talks with Broadcom

(Reuters) - Chipmaker Qualcomm Inc (QCOM.O) on Monday urged Broadcom Ltd (AVGO.O) to enter into price negotiations on its $117 billion offer for the company, saying the two sides had made progress on regulatory issues but were yet to agree on the deal value. Qualcomm maintained that all of Broadcom’s previous offers materially undervalued the…

Broadcom cuts Qualcomm offer to $117 billion after new NXP deal

(Reuters) - Microchip maker Broadcom Ltd (AVGO.O) cut its bid for Qualcomm Inc (QCOM.O) on Wednesday by 4 percent to $117 billion as it objected to Qualcomm’s decision to raise its own bid for NXP Semiconductors NV (NXPI.O) to $44 billion. Qualcomm responded that Broadcom had made “an inadequate offer even worse,” setting up a…

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