Qualcomm slips after management rebuffs Broadcom's sweetened offer (QCOM, AVGO)

Business Insider Friday, 9 February 2018 ()
Qualcomm slips after management rebuffs Broadcom's sweetened offer (QCOM, AVGO)· *Qualcomm's stock fell 1.31% at $61.60 per share on Friday morning after it rejected a revised bid from Broadcom to buyout the firm.*
· *Broadcom has made several advances before. This time, Qualcomm said it was open to talks.*
· *View Qualcomm's stock price in real time here.*

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News video: Qualcomm Rejects Broadcom's New Buyout Offer

▶ Qualcomm Rejects Broadcom's New Buyout Offer 00:39

 (Reuters) - 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...