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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (4724)2/5/2018 9:01:06 AM
From: richardred  Respond to of 6155
 
The markets Pre-market reaction seems to be saying the offer ultimately will be rejected. However IMO it's Qualcomm's fiduciary duty to it's major shareholders to at least sit down and formally reject the offer. IMO The big QCOM holders can afford to be long term holders. IMO Broadcom hypothetically can have one last gasp and offer a higher price based upon them dropping the NXP bid and paying the breakup fee. Broadcom then can offer a higher stock portion with a stock portion collar up or down subject to the approval process. This with Broadcom taking on the regulatory risk. RE- selling off what they need to comply. Otherwise IMO Qualcomm has to prove to its major holders the regulatory process with NXP gets approved, and with Broadcom it wouldn't .