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Qualcomm opposes Broadcom's board nominee slate

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Qualcomm says that Broadcom's nominees are inherently biased in favour of the bid, which undervalues Qualcomm and wouldn't bring the skills needed to run the company during a lengthy regulatory approval process.

Washington

QUALCOMM Inc's board is opposing the nomination of 11 new directors by Broadcom Ltd as part of its US$105 billion hostile offer for the chipmaker.

Broadcom's nominees are inherently biased in favour of the bid, which undervalues Qualcomm...

sentifi.com

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