Broadcom offers $134 billion for Qualcomm

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Broadcom offers $134 billion for Qualcomm

Sets up takeover battle.

Chip maker Broadcom has made an unsolicited US$103 billion (A$134 billion) bid for Qualcomm, setting the stage for a major takeover battle as it looks to dominate the fast-growing market for semiconductors used in mobile phones. Qualcomm said it would review the proposal. The company is inclined ...

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