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As Qualcomm raises its NXP offer, Broadcom slashes $4 billion off of its Qualcomm buyout deal

For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion. On both occasions, Qualcomm declined, which led to Broadcom announcing a hostile takeover strategy, which hinges on swaying shareholders at Qualcomm’s next shareholder meeting. …

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