Qualcomm rejects Broadcom’s revised buyout offer, proposes meeting

U.S. semiconductor company Qualcomm Inc (QCOM.O) on Thursday rejected Broadcom Ltd’s (AVGO.O) revised $121 billion buyout offer, but proposed meeting its peer to see whether they can address what it called the bid’s “serious deficiencies in value and certainty.” Qualcomm’s response attempts to strike a balance between continued resistance of Broadcom’s takeover attempt and heeding […]