Qualcomm shareholders are scheduled to vote on a slate of Broadcom’s nominees to the board at a meeting on March 6, giving investors the chance to effectively approve the proposal. If elected, the new directors would be able to override the current board’s opposition to the latest offer of $82 a share.
TLDR: Qualcomm's board said that the risk is too high, especially with anti-trust matters, and also believes that the $82 per share offer is too low.
Submitted February 16, 2018 at 08:49AM by COMPUTER1313 http://ift.tt/2oeBugW
