Broadcom makes formal $130 billion offer for acquisition of arch-rival Qualcomm

They say Qualcomm's management is opposed to any Broadcom deal right now, but $130 billion sounds like an offer the semiconductor giant can't refuse.

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In-Depth: five of the biggest acquisitions in mobile technology

Every so often, you see that X company acquired Y company for hundreds of millions of dollars. Every so often, you’ll see that number climb into the billions.Last week we saw LinkedIn get snatched up by Microsoft for some $26.2 billion. Does Microsoft want a social networking platform for blue collar types that badly? We know that there have to be sensical synergies for the deal to happen, but come on! $26.2 billion? What kind of returns are these companies expecting and when do ...

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