Qualcomm set to reject $130bn bid from Broadcom

Qualcomm set to reject $130bn bid from Broadcom

Qualcomm is set to dismiss a $130bn unsolicited bid from rival US chipmaker Broadcom, setting up one of the largest ever takeover battles with both sides preparing for a long and vicious campaign.   The bid, which Broadcom unveiled on Monday, marks the culmination of a ferocious consolidation spree in the chip industry by Hock…

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