December 29, 2017
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Broadcom has nominated an alternative set of board members to replace the existing board at Qualcomm in its attempt at a hostile takeover.
TECH: Acquisitions Power Broadcomm’s New, Hostile Bid
Sixteen months ago, Qualcomm Inc. CEO Steve Mollenkopf found himself at a Silicon Valley office facing Broadcom Ltd. CEO Hock Tan and an intriguing business proposition.