Broadcom CEO Hock Tan (Hock Tan)
November 14 According to the latest news from foreign media, Broadcom chief executive Hock Tan responded to this after Qualcomm had just rejected the offer of cash and stock from Broadcom for $ 70 each. He said the offer is still valid, and is the best choice for Qualcomm shareholders.
"We still think the proposed takeover offer is the most attractive to Qualcomm shareholders and we are encouraged by their reaction and many of them have expressed to us the intention of Qualcomm to discuss with us the offer. At the same time, we still have a strong desire to cooperate with Qualcomm's board of directors and management. "Hawk & middot; Tan said.
At the same time the Broadcom CEO also said that many of the company's major customers have given positive feedback on the tender offer.
Broadcom proposed a takeover offer to Qualcomm about a week ago, and a large number of media outlets have already reported it. Broadcom said in an official press release that it hopes to buy Qualcomm for $ 60 a share in cash and $ 10 a share in Broadcom. This figure is 28% above the numbers initially speculated.