1. Qualcomm is Going to do Whatever it Takes to Fend off Broadcom

    Qualcomm is Going to do Whatever it Takes to Fend off Broadcom
    • Broadcom on Monday offered to buy Qualcomm in what would be the largest tech deal on record.
    • Qualcomm is set to reject the unsolicited offer, according to several reports.
    • This sets Broadcom up to start a hostile takeover campaign for its rival, which has been rattled recently by a lawsuit with Apple over licensing fees.
    • Qualcomm shares on Monday traded below the offer price of about $70 per share, suggesting that traders were skeptical...
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