Qualcomm rejects Broadcom’s takeover bid:Report
Week after the news Broadcom planning to buy Qualcomm for $100 billion a recent update has came related to the deal. On Monday Mobile chip maker Qualcomm Inc rejects the offer of take over of the only next competitor Broadcom Ltd’s $104-billion takeover bid. Stating that the offer made by Broadcom is under value and will face regulatory hurdles.