Broadcom cuts Qualcomm offer to $117 billion after new NXP deal – Reuters

(Reuters) – Microchip maker Broadcom Ltd (AVGO.O) cut its bid for Qualcomm Inc (QCOM.O) on Wednesday by 4 percent to $117 billion as it objected to Qualcomm’s decision to raise its own bid for NXP Semiconductors NV (NXPI.O) to $44 billion. Qualcomm …
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