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Broadcom to ramp up pressure on Qualcomm with new $120bn bid

Retrieved on: 2018-02-04 07:03:45

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<div><b>Broadcom</b> is set to unveil a new bid of around $120bn (£85bn) for rival chip maker Qualcomm. The firm was set to finalise a deal tonight that values Qualcomm at between $80 and $82 per share, up from a previous offer of $70 a share, made up of $60 per share in cash and $10 per share in stock, ...</div>

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