The Chairman of Qualcomm has written to the CEO of Broadcom saying that the conditions for a takeover of Qualcomm have been agreed except for the condition of price. Qualcomm is offering a break-up fee to Broadcom of 9% of enterprise value ($7.38 billion) if regulatory approval is refused by any fault of Qualcomm. Broadcom ...
This story continues at Qualcomm and Broadcom agree non-price-related conditions of takeover.
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