Qualcomm Buyout Prospects Are Looking Dim
Even after Broadcom Ltd. (Nasdaq: AVGO) raised its buyout bid for Qualcomm, Inc.(QCOM) from $70 per share to $82 per share this week, it looks like the deal’s completion may still be a long shot. On Thursday, the Qualcomm board once again expressed major concerns about the deal and says it sees “no next step” to getting…