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Qualcomm Offers Talks with Broadcom, Which Rejects Overture as ‘Theater’

Qualcomm on Monday proposed new talks with Broadcom, but reiterated that the Singapore company’s offer price remained the primary obstacle to a merger. Broadcom rejected the overture as “engagement theater” and said it “does not believe that the process outlined by Qualcomm today is designed to lead to a prompt agreement.” The San Diego-based wireless […]