Qualcomm board rejects Broadcom's $121b final buyout offer

Qualcomm board rejects Broadcom's $121b final buyout offer

A sign on the Qualcomm campus is seen, in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake

Qualcomm Inc.’s board unanimously rejected a higher acquisition offer from Broadcom Ltd., spurning the largest technology takeover bid in history and likely leaving the future of the hostile $121 billion proposal to be decided by shareholders next month.

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