As for Broadcom, its CEO Hock Tan has a huge appetite when it comes to acquisitions and states that he is interested in more deals, which could be halted thanks to the intervention of US regulators since Qualcomm is a USA -based technology company.
Broadcom Chief Executive Officer Hock Tan is a voracious acquirer, and he's played a key role in a wave of consolidation engulfing the $300 billion semiconductor industry over the last three years.
New job numbers shows slight improvement in Alberta
The largest employment increase was in Quebec, followed by Alberta, Manitoba, Newfoundland and Labrador, and New Brunswick. Analysts in a Reuters poll had forecast 15,000 extra jobs and predicted the unemployment rate would stay at 6.2 percent.
Five years ago, when smartphone demand was soaring, Qualcomm briefly overtook Intel in market value. The company already lists San Jose, California, as a corporate co-headquarters. NXP is one of the largest makers of chips for vehicles and expanding into self-driving technology. Even though Qualcomm's component is considered to be the best, Apple is trying to get back at the company for various patent and legal issues.
Broadcom is considering an acquisition plan, which it could put into motion as soon as this weekend, the Wall Street Journal reported, citing an unnamed source it said was familiar with the matter.
Qualcomm, an early pioneer in mobile phone chips, supplies so-called modem chips to phone makers such as Apple, Samsung and LG that help the phones connect to wireless data networks. Maybe they were right. Apple contends Qualcomm is unfairly charging too much and illegally taking advantage of its market position in chips.
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The news sent Papa John's stock into a tumble, closing Wednesday at 62.26, down almost 9 percent from a week ago. A number of players followed Kaepernick's lead by taking a knee during the anthem past year and this season.
Though Qualcomm has yet to provide a comment, it is going to be up to the USA regulators to decide how this acquisition is going to go down. The news outlet also noted that the stock of Qualcomm went up 14 percent following the news, which is the largest stock movement for the company in almost a decade. The deal is facing regulatory scrutiny in Europe and opposition from some shareholders including activist hedge fund firm Elliott Management Corp., which has argued the offer undervalues NXP.
Broadcom's Wi-Fi chips are essentially a commodity and priced much lower than the modem chips.
Couple ticketed for performing sex acts on Delta flight to Detroit
But those cases typically involved men who fondled children or inappropriately touched female passengers, he said. The pair made worldwide news headlines when photos of their raunchy display were captured by another passenger.