Chipmaker Broadcom has proposed to buy Qualcomm and is willing to pay a massive $130 billion for the company.
Qualcomm is yet to publicly respond to the offer, but Broadcomm has made outlined its offer in detail.
Broadcom is offering $70 per share to be received by Qualcomm stockholders which would consist of $60 in cash and $10 per share in Broadcom shares. [Read more…] about Broadcom bids $130 billion to buy Qualcomm in what would be the largest-ever acquisition in technology sector