Qualcomm shareholder meeting pushed forward by a month
Government (CFIUS) stepped in
Broadcom and Qualcomm are fighting for positions on the board as this is currently Broadcom’s only chance to win its hostile takeover of Qualcomm. Qualcomm is very clear that it doesn’t like the $79 offer that it thinks undervalues the company and has rather justified regulatory agency concerns. Now the US government Committee on Foreign Investment in the United States (CFIUS) has got involved and ordered Qualcomm to postpone the shareholder meeting for a month.
Qualcomm tells Broadcom to stop telling shareholders rubbish
While US security panel issues warning to Broadcom
Qualcomm accused Broadcom of attempting to mislead shareholders with disingenuous comments about its willingness to participate in the buyout.
Broadcom lowers its offer to $79
Qcom refused us at $82, let's offer less
The $82 per share offer from Broadcom is off the table, now the company is offering $79. This was initiated after Qualcomm reached an agreement to pay more for NXP.
Sweetened NXP deal might see Broadcom off
Qualcomm might have made a clever move
Qualcomm might have done a cunning manoeuvre to see off Broadcom's takeover by paying a bit more than expected for NXP.
Pressure building for Qualcomm to negotiate Broadcom deal
ISS says the money is still not good enough
Proxy advisory firm Institutional Shareholder Services (ISS) said that Qualcomm should try to negotiate a sale to Broadcom
Qualcomm met with Broadcom
The board will discuss the next step
Valentine’s Day was quite hot as both Qualcomm and Broadcom senior management discussed the Broadcom acquisition proposal.
Broadcom plans to raise Qualcomm bid
$120 billion offer
Broadcom plans to unveil a new $120 billion offer for Qualcomm in an attempt to pressure the US rival to the negotiating table.
Samsung extends cross license with Qualcomm
Enemy of my enemy
Samsung is about to launch the Galaxy S9 and the US and Chinese version will use the Snapdragon 845. Samsung has been fighting Qualcomm with its own Exynos but the global patent cross-license agreement as well as a multi-year strategic relationship agreement sends a strong no-buy message to Broadcom.
Broadcom faces antitrust investigation
Qualcomm takeover just became more complicated
The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom engaged in anticompetitive tactics in negotiations with customers, in an antitrust investigation which could make any merger with Qualcomm a little more difficult.
Qualcomm forecasts bright future
Updated: Fending off Broadcom
The financial future for Qualcomm in FY2019 is bright, according to a statement the company released today.