Broadcom Withdraws Offer to Acquire Qualcomm
Broadcom Limited (NASDAQ: AVGO) (“Broadcom”) today announced that it has withdrawn and terminated its offer to acquire Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm”) and has withdrawn its slate of independent director nominees for Qualcomm’s 2018 Annual Meeting of Stockholders. Broadcom today issued the following statement: Although we are disappointed with this outcome, Broadcom will comply with the Order. Broadcom will continue to move forward with its redomiciliation…
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