Oil hits two-and-a-half year peak on Saudi purge, world shares retreat
November 6, 2017
Wall Street flat at open; chip sector merger eyed
November 6, 2017

Broadcom offers $103 billion for Qualcomm, sets up takeover battle

(Reuters) – Chip maker Broadcom Ltd on Monday announced an unsolicited bid to buy peer Qualcomm Inc for $103 billion as it looks to boost its presence in the wireless market, setting the stage for what could be one of the biggest takeover battles.

Powered by WPeMatico